On the John Batchelor Show, Gary Libecap discusses the property rights alternative to international whaling agreements. This catch-share alternative would give individuals a stake in the whale fishery, which would likely improve the stock and lead to its long-term health.
This paper provides a fishery-wide accounting of returns to these diverse stakeholder groups at the vessel level.
Markets can overcome the technological challenge by giving fishers and others the incentive to develop new ways to reduce bycatch.
A podcast on free market environmentalism and its track record around the world.