Measuring transaction costs of fisheries co-management in San Salvador Island, Philippines
Kuperran, K. | Abdullah, N.M.R. | Pomeroy, R.S. | Genio, E.L. | Salamanca, A.M. (International Center for Living Aquatic Resources Management, MCPO Box 2631, 0718 Makati City (Philippines))
It is generally accepted that co-management systems are more cost-effective than centralized management of natural resources. However, no attempts have been made to empirically verify the transaction costs involved in fisheries co-management. Some estimates of transaction costs of fisheries co-management in San Salvador Island, Philippines, are presented in this paper. These estimates are used to compare the various transaction costs in co-managed and in centrally managed fisheries in San Salvador Island
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