Title: Fisheries Self-management under ITQs
Authors: ARNASON Ragnar
Citation: Marine Resource Economics vol. 22 no. 4 p. 373-390
Publisher: MRE Foundation, Inc
Publication Year: 2007
JRC N°: JRC43117
URI: http://www.uri.edu/cels/enre/mre/mre_v22.htm
http://publications.jrc.ec.europa.eu/repository/handle/JRC43117
Type: Articles in Journals
Abstract: In spite of a successful introduction of individual transferable quotas in many fisheries, governments continue to intensively manage these fisheries. Setting and enforcing sensible fisheries management rules is, of course, crucial for a good economic performance of the fishing activity. On the other hand, it is well known that governments, due to fundamental problems of information and incentives, tend to be inefficient providers of services in general. Indeed, the fisheries management conducted by many governments has been found to be both ineffective and expensive. In this paper it is shown that that under an ITQ system, the holders of ITQs are well placed to conduct the necessary fisheries management functions themselves. Moreover, there are many indications that they are able to provide these services substantially more efficiently than the government. It is further shown that the ITQ holders are able to co-ordinate their interests with those of other users of fish stocks, such as recreational fishermen and conservationists, in an economically efficient manner.
JRC Institute:Institute for the Protection and Security of the Citizen

Files in This Item:
There are no files associated with this item.


Items in repository are protected by copyright, with all rights reserved, unless otherwise indicated.