Individual transferable catch quotas (ITQs) were allocated to fishermen in the Australian southern bluefin tuna fishery in 1984. The profitability of the industry increased substantially as a result. This is despite the total Australian catch being halved between 1984 and 1987 due to a decline in...

This study examined the issues around non-market values requirements and identified potential sources of robust and defensible estimates of key values, including those generally viewed as difficult to measure. The project identified thirteen types of non-market values that fisheries and...