Fishing quota markets
Article Abstract:
The consequences of the world's largest individual transferable quota (ITQ) system introduced in 1986 by New Zealand, on market activity, price dispersion, and the factors determining quota prices are analyzed by studying 15-year panel dataset from New Zealand.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2005
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Non-compliance and the quota price in an ITQ fishery
Article Abstract:
A study conducted by changing the violation argument in the expected penalty function to quantify the effects of non-compliance on quota demands of individual transferable quota (ITQ) fishery and equilibrium quota price, is presented.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2005
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Cooperative and non-cooperative harvesting in a stochastic sequential fishery
Article Abstract:
Cooperative harvesting in a sequential fishery with stochastic shocks in recruitment are examined. The sequential harvesting game with an application to the Northern Baltic salmon fishery is also discussed.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2003
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