To avoid such a flip in the fishery system, restriction of
licenses issued and a bid mechanism is proposed above.
The distributional effect of this new design in comparison
to the extractive reserve alone is not quite clear. As licenses
will be limited, fewer local fishers will directly benefit from
the system; however, the same number of local and outside
people will indirectly benefit from the sustainable use of the
Lagoon. Fishers from outside are likely to lose even more
well-being in this new design. However, what the new
design offers is a better chance of increasing the well-being
of future generations by ensuring sustainable resource use,
without decreasing the welfare of the present generation to
an amount that may threaten people’s livelihood