One pressing economic, societal and environmental issue affecting commercial fisheries is the production of undesirable outputs. In fisheries, undesirable outputs often arise because of economic or regulatory discarding of commercial species and/or the incidentally caught or ‘take’ of protected species, such as sea turtles and marine mammals. In fisheries, undesirable...
Productivity change after transition to an individual transferable quota (ITQ) management system is driven by exit of some vessels, entry of other vessels, and changes in productivity of existing vessels. Generally, it is thought that an ITQ system boosts productivity due to the exit of less productive vessels. However, ITQ...
Cooperatives in the Rights-based Fisheries Management have the potential to overcome some of the limitations of Individual Transferrable Quotas. The New England groundfish sector management, a new regime under which fishermen can voluntarily form sectors with each sector constrained by a total allowable catch or Annual Catch Entitlement (ACE), is...
Interest in ecosystem-based management or the ecosystem-based approach
to fisheries management has rapidly increased on a global basis. Most
options for ecosystem-based management have emphasized some type of
biological and natural conservation or non-use, and minimal attention has
been given to assessing the social and economic ramifications of
ecosystem-based management....
The Untied States has embarked on a policy path of promoting catch share
programs to manage fisheries. These can include a range of programs, from
community based management arrangements to individual transferable
quota programs (ITQ's). The Mid-Atlantic Surfclam and Ocean Quahog
Fishery has the longest running U.S. ITQ program, which...