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Sustainable fisheries

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Fishermen's aims of increasing their catch seem at odds with preserving fish stocks by limiting catch. A study of more than 11,000 fisheries shows that 'individual tradable quotas' can reconcile these goals.

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Figure 1: Benefits of individual tradable quotas (ITQs).

References

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Authors and Affiliations

  1. and Wolfram Schlenker is at the School of International and Public Affairs and Department of Economics, Geoffrey Heal is at Columbia Business School, Columbia University, New York, New York 10027, USA. gmh1@columbia.edu wolfram.schlenker@columbia.edu,

    Geoffrey Heal & Wolfram Schlenker

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  1. Geoffrey Heal
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  2. Wolfram Schlenker
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Heal, G., Schlenker, W. Sustainable fisheries. Nature 455, 1044–1045 (2008). https://doi.org/10.1038/4551044a

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