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Filtering by: Keyword Individual-based model Creator Larson, Douglas M.

Individual Transferable Quotas in a Household Economy: Will The System Work?

Creator:

Uchida, Hirotsuga, Wilen, James E., and Larson, Douglas M.

Abstract:

This paper analyzes the behavior of fishing households under individual transferable quotas (ITQ) system based on Singh, Squire and Strauss household model. ITQ system is sought to be the optimal fishery management regime in terms of economic efficiency. However, preceding theoretical analyses only considered implementing ITQ to a well established...

Resource Type:

Research Paper

Full Text:

) system based on Singh, Squire and Strauss household model. ITQ systems are thought to be the optimal