The introduction of Individual Transferable Quota (ITQ) fisheries management is controversial as it
typically results in fewer active vessels, fewer vessel jobs, and the remaining vessel crew earning a lower
share of vessel revenues with capital interests, including the new interest "quota ownership", increasing
their revenue share. However, the move...
In discussing property rights, efficiency and fisheries management economic literature often refers to a fishery with a hypothetical single owner, comparing it to fisheries with more fragmented ownership. Through a range of effort reductions, since the near collapse of the fishery in the early 1980s, the Exmouth Gulf Prawn fishery...
Overcapacity is probably the most fundamental challenge to fisheries management as it can lead to both overfishing and to low profitability. Most of the Norwegian fisheries have limited entry, through the use of annual permits (coastal fleet) and licences (ocean going fleet) in combination with individual vessel quotas (IVQ). Limited...
While right-based managements have often been encouraged as effective
management tools, few studies presented an empirical analysis on the
effects of those systems. This paper focuses on a special form of Territorial
Use Rights Fisheries called an income pooling system, and examines the
effects of the system empirically. Income pooling...
This research examines bargaining power in the market for Northeast
Multispecies Days-at-Sea (DAS). In 2004, the DAS system was converted
to a tradable input control system. Characteristics of the program include:
1) trading restrictions based on length and power to limit increases in
output, 2) prohibitions that limit the ability...
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...
Les changements intervenus dans le secteur des pêches au cours des deux dernières décennies rendent nécessaires une réévaluation de la validité des approches conventionnelles du développement et de l'aménagement des pêches. En effet, de nombreux projets de développement continuent à insister sur l'utilisation de bateaux et d'engins de pêche améliorés,...
Illegal, unregulated and unreported (IUU) abalone fishing in South Africa has grown to such an extent that the legal total allowable catch has been progressively reduced from 640 tons in 1995, to a proposed zero for 2008. We present research on the socio-economics of the IUU abalone fishery and the...
A serious impediment blocks advancement of individual transferable quota (ITQ) policy in the United States, particularly in North Pacific fisheries being considered for ITQ management. The traditional ITQ design, that allocates rights to only the harvesting sector, unintentionally expropriates wealth/property interests from the co-dependent-processing sector. This regulatory expropriation is a...
The current Senate Bill to reauthorize the Magnuson/Stevens Act, the key US fishery management law,
will allow some significant changes in the way that Individual Transferable Quota programs can be
developed. First, the bill will expand the range of individuals who will be permitted to obtain harvesting
privileges. In addition...