Based on a simple model of firm profit maximisation in a multispecies ITQ fishery, market clearing quota lease prices are modelled as a system of linear equations with dimensions dependent upon the number of quota species in the fishery and the number of different harvesting technologies. Finding a set of...
This document provides a summary of a Special Session held at the IIFET 2016 Scotland conference in July 2016. The registration number and title of the special session were 5313: Analyzing behavioral responses to regulation – what can be learned for management? The session was organized by Florian Diekert and...
The paper presents a vessel level simulation model of the impact of a landing obligation on a typical Scottish demersal trawler under a discard ban in addition to existing quota management controls. The simulation model is based on a simple microeconomic model of firm behaviour and predicts landings, discards and...
The literature on ITQs as a fishery management tool predominantly
assumes that all input prices are parametric. In many if not most fisheries,
however, fishing crews are paid a share of the profits. The paper explores
the efficiency of ITQ markets when crews are remunerated under a share
system. Efficiency...
A recent analysis of the potential for management cost recovery in the UK suggested that such a policy would be detrimental to UK fishers if other European countries did not implement a similar charging policy. Most of the waters exploited by UK fishers are also exploited by fishers from other...