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Why ITQs on target species are inefficient at achieving ecosystem based fisheries management outcomes

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  • Gibbs, Mark T.

Abstract

The effectiveness of managing fisheries through the allocation of catch rights, including Individual Transferrable Quota's (ITQs), has been the subject of a number of recent reviews. Inspection of these reviews suggests that the effectiveness of ITQ and similar catch rights schemes in meeting single species sustainability objectives differs from their effectiveness in meeting broader Ecosystem Based Fisheries Management objectives, especially in terms of managing effects on associated and dependent species and habitats. This should not be a surprise, given the attributes of rights-based neoliberal market policy instruments, as discussed here.

Suggested Citation

  • Gibbs, Mark T., 2010. "Why ITQs on target species are inefficient at achieving ecosystem based fisheries management outcomes," Marine Policy, Elsevier, vol. 34(3), pages 708-709, May.
    • Handle: RePEc:eee:marpol:v:34:y:2010:i:3:p:708-709
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    Citations

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    Cited by:

    1. John Lynham, 2012. "Ecomarkets For Conservation And Sustainable Development in the Coastal Zone," Working Papers 201218, University of Hawaii at Manoa, Department of Economics.
    2. Holzer, Jorge & Olson, Lars J., 2021. "Precautionary buffers and stochastic dependence in environmental policy," Journal of Environmental Economics and Management, Elsevier, vol. 106(C).
    3. Hospital, Justin & Beavers, Courtney, 2014. "Catch shares and the main Hawaiian Islands bottomfish fishery: Linking fishery conditions and fisher perceptions," Marine Policy, Elsevier, vol. 44(C), pages 9-17.
    4. Pinkerton, Evelyn, 2015. "The role of moral economy in two British Columbia fisheries: Confronting neoliberal policies," Marine Policy, Elsevier, vol. 61(C), pages 410-419.

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