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Anchoring to determine negotiated catch limits: a case study of an industrial fishery in Oman
Abstract
Despite refinement in scientific methods of setting total allowable catches (TACs), the choice of values is affected by uncertainty that arises as a result of incomplete information and the behavioural intentions of resource users, among others. In this context, this paper promotes ‘anchoring’ – which is a subject of behavioural economics and is generally practised in decision-making when faced with uncertainty – as an approach to TAC setting. We estimate a set of anchor points for nine demersal species by employing two modelling scenarios, the first using catch-andeffort data and the second only catch data collected from the demersal trawl fishery. A non-parametric test yielded no significant difference between the sets of anchor points generated from the two models. It is hoped that the use of anchoring would constitute a proactive management approach that could serve as a mechanism of promoting knowledge integration and effective communication, developing mutual trust, and improving management outcomes in the future.
Keywords: demersal trawl fishery, negotiation, proactive management