1. Ministry of Fisheries, Private Bag 1926, Dunedin 9016, New Zealand;2. AgResearch, Invermay Research Centre, Private Bag 50034, Mosgiel, Otago, New Zealand;3. Ministry of Fisheries, P.O. Box 38090, Petone, New Zealand
Abstract:
There are recognised benefits to managing fisheries by individual transferable quotas (ITQs), but ITQs may increase incentives to discard fish.