The New England Multispecies (groundfish) fishery is about to implement
the catch share management system, where self-identified groups of
harvesters called sectors receive quota allocations of total allowable catch
(TAC) proportional to the harvest history of their members. Joining a
sector is voluntary, thus there will be both sector members...
Concerns about declining stock and profitability in the Tasmanian rock
lobster industry led to the introduction of individual transferable quota
(ITQ) management in 1998. In this study, fisher groups were categorised
by effort and quota ownership traits to examine response to revised
management, and how profit drivers moderated this change....
Employing an experimental approach, we examine whether the efficiency of fishery management
can be achieved under Individual Transferable Quotas regimes. We analyze the situation in
which subjects can choose one from two vessel types: a large-scale or a small-scale. The fixed
cost for the large-scale is higher than that for...
With a national policy on catch shares in progress in the United States and
increasing use of transferable fishing rights in fisheries worldwide, it is
important to understand how the markets created by these programs
function in the real world. This paper presents information collected from
interviews with Florida spiny...