Individual Transferable Quotas in Fishery Management
Description:
An individual transferable quota (ITQ) is an allocated privilege of landing a specified portion of the total annual fish catch in the form of quota shares. This differs from the traditional open-access approach to commercial fisheries. ITQs divide the total annual catch quota into smaller individual portions. ITQs are generally transferable, which means fishing vessel owners can sell their ITQ certificates or buy others' certificates or, in some cases, lease their quota shares depending on how …
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Date:
September 25, 1995
Creator:
Buck, Eugene H.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department