Individual transferable quota (ITQ) programmes have been incorporated into many marine
fisheries management strategies for 30 years, but their implementation and utility remains …

Transferable fishing rights in the form of individual transferable catch quota (ITQ) have been
introduced into a large number of fisheries worldwide, mainly to achieve resource …

The review provides an overview of the features of the North Sea and the Baltic Sea in their
European geographical and socio-political context. To reach sustainability in the wider …

A unique database was created that describes the methods used to allocate shares in nearly
every major catch share fishery in the world. Approximately 54% of the major catch share …

Abstract Individual Transferable Quota (ITQ) fisheries management systems are supposed to
remedy the over-capacity problem associated with traditional command-and-control …

We show that grandfathering fishing rights to local users or recognizing first possessions is
more dynamically efficient than auctions of such rights. It is often argued that auctions …

Coastal state management of marine harvests within 200-mile Exclusive Economic Zones
was a new and innovative process during the period from the late 1970s through the 1980s …

Effort rights‐based fisheries management (RBM) is less widely used than catch rights,
whether for groups or individuals. Because RBM on catch or effort necessarily requires a …

The basic economic problem of commercial fisheries can be seen as the absence of
property rights to the fish stocks. There are, however, both practical and principal obstacles …

We study the possible economic, biological and social effects of individual transferable
quotas (ITQs) for the Finnish herring fishery. First, we carry out a bioeconomic analysis of the …