When several new species are introduced into the New Zealand Quota Management System in the near future, some of the quota, or single-year annual catch entitlement (ACE), will be tendered through competitive auctions rather than allocated based on historical catch. This study uses a laboratory experiment calibrated to a representative...
The open access nature of fisheries resources had caused application of excessive fishing effort to most World fisheries. Proper
management of fisheries resources is vital for sustainability and its safe future utilisation. Most attempts to salvage fisheries resources
had so far succeeded but have also created one or more problems....
Fisheries economists have studied fisheries managed with ITQs and compared them to fisheries that are differently managed. Most of these studies have found ITQs to be economically superior. This paper studies the ITQ-fisheries in Iceland. It focuses on features that are difficult to explain using traditional fisheries economics. It is...
Until recently the execution of the fisheries management schemes in the Netherlands was to a large extend centralized. In 1993, however, part of the executionary responsibilities was delegated to the fishing industry. In this new system, responsibilities in the management of individual transferable quota (ITQs) has been devolved to groups...
The objective of this paper is to illustrate that economic institutions matter, i.e., that different rules of trade present different incentives for bidding, asking and trading in new markets, and that these different incentives lead to different price discovery patterns which yield materially different outcomes. In a laboratory tradable fishing...
Anchovy fisheries in Indonesia faces a declining state in the next decade. This research investigates some factors contributing to a reduction of anchovy resources. It was carried out in Krueng Raya Bay-Aceh from September to October 2012. Survey and interviews were implemented to explore the state of anchovy. Primary and...
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Aceh Province. Several district within Fisheries Management Area 571, Malacca Strait, was indicated
Anchovy fisheries in Indonesia faces a declining state in the next decade. This research investigates some factors contributing to a reduction of anchovy resources. It was carried out in Krueng Raya Bay-Aceh from September to October 2012. Survey and interviews were implemented to explore the state of anchovy. Primary and...
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School of Biosphere Science-Hiroshima University and
Department of Aquatic Resources Management, Bogor
New Zealand’s quota management system, the QMS, has for years been considered as one of the most successful rights-based fisheries management system in the world. Although the hard evidence is at best patchy, New Zealand’s fishing industry is performing well ahead of most competitors, both in economic, biological and administrative...
Anchovy fisheries in Indonesia faces a declining state in the next decade. This research investigates some factors contributing to a reduction of anchovy resources. It was carried out in Krueng Raya Bay-Aceh from September to October 2012. Survey and interviews were implemented to explore the state of anchovy. Primary and...
The Icelandic ITQ system has been under development since the early 1980s. Rights were initially grandfathered. Rights have been priced and traded and put up as collateral against loans. Quota values have thus affected the balance sheet of Icelandic fishing firms in a fundamental way. The aim of this paper...
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