12.13.2007

Study: Co-operative Fisheries Make Cash

At a time when a quarter of the world's fisheries are considered depleted, can commercial fishermen make more money by fishing less? A study published in the Friday edition of the journal Science says they can — with one condition.

They must be in a cooperative fishery, like those operating in New Zealand and Australia, where individual fishermen own a share of the total harvest rather than the competitive fisheries more common in the United States, where it's a race to catch the most fish. (Yahoo)