Individual transferable quotas (ITQs) have been used in several countries worldwide to regulate access to
marine fisheries. While ITQs can improve the economic efficiency of fisheries, in practice they are not a
panacea and distribution and equity issues have been raised in many cases. To overcome those issues,
ITQ systems...
The Australian coral reef fin-fish fishery (CRFFF) on the Great Barrier Reef has been managed under ITQs since 2004. A large number of different reef species (>155) are covered by the management plan, but the primary species in terms of value and volume landed are coral trout and red throat...