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  • Effects of foreshortening of transferred quota in an ITQ market

    Creator:
    Matthiasson, Thorolfur and Armstrong, Claire
    Abstract:
    This paper models and investigates the foreshortening of transferred quota which is applied in the Norwegian fisheries management. This reduction in the transferred quota amount by 20% is then redistributed amongst all vessels in the relevant vessel group. It is shown that fishing units can be expected to be operated...
    Resource Type:
    Research Paper
    Full Text:
    FORESHORTENING OF TRANSFERRED QUOTA IN AN ITQ MARKET Thorolfur Matthiasson, University of Iceland, totimatt