A second way to further reduce effort is to decrease the
number of annual licenses available in each year, and the
number of daily licenses available for locals and for
outsiders in each month. Moreover, daily licenses for
outsiders may not be available during certain months
because local fishers have priority in fishing at the SLER.
Limiting the number of licenses available demands an
auction scheme in which fishers can bid for a license. All
annual licenses could be sold at once and daily licenses
could be sold monthly in two steps: first local fishers apply
for licenses, and then outsiders can apply for any remaining
licenses. In all cases, licenses should have a minimum
price, but the price paid by a fisher will depend on the
number of fishers entering the competition and on each
fisher’s confidence in his ability to profit or on how much
he is willing to pay for entertainment. Again, this
mechanism is likely to exclude inefficient fishers from the
system (see the shrimp fishery case at a Sri Lankan estuary
presented by Amarasinghe et al. 1997).
A second way to further reduce effort is to decrease the
number of annual licenses available in each year, and the
number of daily licenses available for locals and for
outsiders in each month. Moreover, daily licenses for
outsiders may not be available during certain months
because local fishers have priority in fishing at the SLER.
Limiting the number of licenses available demands an
auction scheme in which fishers can bid for a license. All
annual licenses could be sold at once and daily licenses
could be sold monthly in two steps: first local fishers apply
for licenses, and then outsiders can apply for any remaining
licenses. In all cases, licenses should have a minimum
price, but the price paid by a fisher will depend on the
number of fishers entering the competition and on each
fisher’s confidence in his ability to profit or on how much
he is willing to pay for entertainment. Again, this
mechanism is likely to exclude inefficient fishers from the
system (see the shrimp fishery case at a Sri Lankan estuary
presented by Amarasinghe et al. 1997).
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