Record Details
Evidence of Package Trading in a Mature Multi-Species ITQ Market
ScholarsArchive at Oregon State University
| Field | Value |
|---|---|
| Title | Evidence of Package Trading in a Mature Multi-Species ITQ Market |
| Names |
Innes, James
(creator) Thebaud, Olivier (creator) Norman, Ana (creator) Little, Rich (creator) Kung, John (creator) |
| Date Issued | 2014-07-07 (iso8601) |
| Note | presentation |
| Abstract | In multi-species fisheries managed under ITQs, the existence of joint production may lead to complex catch-quota balancing issues. Previous modelling and experimental research suggest that, in such fisheries, some fishers may benefit from the ability to trade packages of fishing quotas, rather than fulfill their quota needs by simultaneously bidding on separate single-species quota markets. This note presents evidence of naturally occurring package trades in a real fishery. Based on this evidence, we suggest that further empirical and modelling research is required on the potential and limitations of package quota trading in mixed fisheries managed with ITQs. |
| Genre | Presentation |
| Topic | Fisheries Economics |
| Identifier | Innes, James, O. Thebaud, A. Norman, R. Little, J. Kung. 2014. Evidence of Package Trading in a Mature Multi-Species ITQ Market. In: Towards ecosystem based management of fisheries: what role can economics play?: Proceedings of the Seventeenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 7-11, 2014, Brisbane, Australia. Complied by Ann L. Shriver & Melissa Errend. Corvallis, OR: International Institute of Fisheries. |
