Reviews in Fish Biology and Fisheries

, Volume 6, Issue 1, pp 5–20

Individual transferable quotas: theory and practice

  • R. Quentin Grafton
Paper

DOI: 10.1007/BF00058517

Cite this article as:
Grafton, R.Q. Rev Fish Biol Fisheries (1996) 6: 5. doi:10.1007/BF00058517

Abstract

The paper examines the theory and practice of individual transferable quotas (ITQs) in fisheries. Using the experience of several countries, a number of ITQ programmes are examined with respect to fisher compliance and their effect upon economic efficiency, employment, the harvesting shares of fishers, cost recovery and rent capture.1

Footnotes
1

This paper was prepared for a general readership including fisheries managers and scientists. Readers interested in a more theoretical treatment are referred to Arnason (1990) and Boyce (1992).

 

Copyright information

© Chapman & Hall 1996

Authors and Affiliations

  • R. Quentin Grafton
    • 1
  1. 1.Department of EconomicsUniversity of OttawaOttawaCanada