This study was requested by lobster fishermen in Victoria. Lobster fishermen wanted the Study because the manager of the fishery, the Department of Conservation and Natural Resources Victoria (DCNR), is proposing a reduction in fishing effort for the fishery. The industry recognises the need to...

Given the problems with open access resources and the effectiveness of modern fishing technology, there are few fisheries, if any, which will not be both biologically over-exploited and unprofitable unless they are managed effectively. For a fishery to be economically efficient requires setting...