Community Arrangements to Overcome Market Failures: Pooling Groups in Japanese Fisheries

Jean‐Philippe Platteau, Erika Seki* (Corresponding Author)

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter examines the rationale and the viability of pooling arrangements in coastal fisheries in Japan. It is shown that the advantages of coordination and joint operation associated with pooling are reflected in the improved performance of the pooling group. The allocation of effort between fishing locations characterized by different risks (of net damage) and productivities is much closer to optimum in the fully pooling group than in the group where the attempt to pool has largely failed.
Original languageEnglish
Title of host publicationCommunities and Markets in Economic Development
EditorsMasahiko Aoki , Yujiro Hayami
Place of PublicationOxford
PublisherOxford Univerity Press; Oxford
Chapter13
Pages344-402
Number of pages70
ISBN (Print)9780199241019
DOIs
Publication statusPublished - 2001

Keywords

  • community arrangements
  • market failure
  • Japan
  • coastal fishery
  • pooling

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