PERFORMANCE INDICATORS FOR MANAGEMENT OF MARINE RECREATIONAL FISHERIES

Existing measures for management of marine recreational fisheries fail to provide demonstrable improvements and arguably impede satisfaction of many wants of recreational fishers. We suggest that these circumst ances are due to failure to understand the nature of the fishery and a pply economic principles to its management, resulting in much of the f ishery being effectively unpriced. Problems also result from failure t o appreciate the implications of sustainability, including an appropri ate time scale. We examine a possible approach to these aspects of fis heries management involving establishment of property rights. (C) 1998 Elsevier Science Ltd. All rights reserved.