3. The problem of overcapacity in small-scale fisheries.
Overcapacity in a fishery to develop as a result of some market imperfection, such as the absence of clear property rights. Overcapacity in fisheries leads to several problems, including overinvestment in fishing boats and gear; too many fishers (captain and crew); reduced profit and decline in quality of life of fishers and their families; increasing conflict in the fishery, and political strife in the management process