Maine Lobster Fishery (25 pts) Explain how this case study either meets or fails

Question

Maine Lobster Fishery (25 pts)

Explain how this case study either meets or fails to meet the following conditions. If you feel that you do not have sufficient information from the provided readings to make the determination about a specific condition, explain what additional information you would need.

1.Clearly defined boundaries
2.Proportional equivalence between benefits and costs
3.Collective-choice arrangements
4.Monitoring
5.Graduated sanctions
6.Conflict-resolution mechanisms
7.Minimal recognition of rights to organize
8.Nested enterprises

Explanation / Answer

Answer :

Maine Lobster Fishery:-

University of Maine, anthopologist, James M. Acheson put it in his book in 2003, "Capturing the Commons: Devising Institutions to manage the Maine Lobster Industry."

As a suggestion nowadays bio sensors are developed so as a point we can make as 'Biosensor tagging lobsters'. W Which will help in keeping account of it and also will help from the environmental aspects.

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