Conference:
Abstract: "This paper examines the problem of artisanal overfishing in a subtropical reef fishery, failure of limited entry management, and prospects for fishery co-management. After a brief overview of the Bermuda fishery, traditional conservation is discussed in terms of customary tenure and generalized norms of reciprocity. Overfishing is seen to have some about as a consequence of a number of economic developments -- cost-push and demand-pull -- and state regulatory measures. The failure of limited entry has not put co-management on the agenda however. The rise of a significant non-fishing marine interest has provided more stringent state regulations with a new ligitimacy. The paper concludes by arguing this will be short-lived and that co-management solutions need to be sought if the industry is going to be place on a sustainable footing in the long-term."