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.

Government expenditures, Marketing procedures, Administration of General Economic Programs, Research Findings, New Zealand, Tariffs & Duties, Tariffs & Quotas, Economic aspects, Economic policy, Marketing research, Tariffs, Market research

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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.

United Kingdom, Market information - general, Supply and demand

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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.

United States, Salmon fisheries

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