Dissatisfaction with the results of input control based management has led to an increasing worldwide interest in the use of output controls, such as individual transferable quotas (FTQs). Individual transferable quotas involve setting a total allowable catch (TAC) for a given fish stock and...
ORGANISATION:
Fisheries Economics Research and Management Specialists (FERM)
The use of transferable fishing rights has increased
internationally over recent decades with most industrialised countries now
using some form of individual transferable catch quota (ITQ) or individual
transferable effort (ITE) system for at least some of their fisheries.
Australia also has...