Individual transferable quotas: Theory and practice

R. Quentin Grafton*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

207 Citations (Scopus)

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.

Original languageEnglish
Pages (from-to)5-20
Number of pages16
JournalReviews in Fish Biology and Fisheries
Volume6
Issue number1
DOIs
Publication statusPublished - 1996
Externally publishedYes

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