Encumbering harvest rights to protect marine environments a model of marine conservation easements
Robert, T.D.; Dominic, P.P.
Australian Journal of Agricultural and Resource Economics 53(1): 37-58
We adapt the concept of a conservation easement to a marine environment and explore its use to achieve conservation goals. Although marine environments generally are not owned, those who use them for commercial fishing often are regulated. These regulations grant harvesters rights to use marine environments in specified ways, and the possibility of encumbering these rights to achieve conservation goals creates a potential role for marine easements.