Limits to the Privatization of Fishery Resources: Comment (original) (raw)

This paper provides a critique of the findings by Clark, Munro, and Sumaila (2010) regarding the privatization of fishery resources. It argues that privatization does not necessarily lead to optimal outcomes in fishery management and highlights the importance of dynamic BMEY as a benchmark for both public and private fisheries management. The authors demonstrate that achieving sustainable yields and maximizing economic returns can coincide, yet resource ownership does not influence the optimal management strategies.