1. Sustainable Fisheries Project PI’s: PI’s: Steve Gaines, Christopher Costello, Jim Reichman, John Melack (UCSB) Steve Gaines, Christopher Costello, Jim Reichman, John Melack (UCSB) David Festa, Johanna Thomas, Rod Fujita (Environmental Defense) David Festa, Johanna Thomas, Rod Fujita (Environmental Defense) Objective: Develop models and approaches to enhance economic and ecological performance of fisheries through assignment of Dedicated Access Privileges. Implement pilot projects in conjunction with local fishery leaders. Objective: Develop models and approaches to enhance economic and ecological performance of fisheries through assignment of Dedicated Access Privileges. Implement pilot projects in conjunction with local fishery leaders.

2. What is a DAP? Provides a fisherman or fishing community some form of secure right to do something Provides a fisherman or fishing community some form of secure right to do something Examples include Examples include Individual Transferable Quota Individual Transferable Quota TURF TURF Tradable trap limits Tradable trap limits Cooperative Cooperative Concession Concession

3. Key questions What characteristics of a fishery make it suitable for DAP reform? What characteristics of a fishery make it suitable for DAP reform? Who gains from DAP reform (fishermen?, processors?, fish?, non-target species?, Fish & Game?) Who gains from DAP reform (fishermen?, processors?, fish?, non-target species?, Fish & Game?) Assigning dedicated access could release a lot of wealth – how big is the pile of money? How quickly does it accrue? Assigning dedicated access could release a lot of wealth – how big is the pile of money? How quickly does it accrue? Which “local” (i.e. west coast) fisheries are best suited to pilot projects? Which “local” (i.e. west coast) fisheries are best suited to pilot projects? Financial instruments to help cover costs? Financial instruments to share risk? Financial instruments to help cover costs? Financial instruments to share risk?

4. Linkages with F3 One “class” of DAP reform is through spatial assignment of rights One “class” of DAP reform is through spatial assignment of rights TURFs, concessions TURFs, concessions Another “class” of DAP reform is through cooperatives (decentralized management) Another “class” of DAP reform is through cooperatives (decentralized management) Then cooperative leaders face the problem of optimizing harvest over space Then cooperative leaders face the problem of optimizing harvest over space F3 models can inform both of these types of reform F3 models can inform both of these types of reform