In Common cover image

111: Fisheries policy and catch shares with Dan Holland

In Common

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Catch Shares and Stewardship

Catch shares are mainly meant to create incentives for an ability for individuals or groups to prosecute fisheries in an efficient way. The case for sort of stewardship benefits from, at least from a pure ITQ kind of standpoint is all flavors of catch shares. But if you just think about a plain unfettered ITQ system with a large number of different individuals being allocated quota, the stewardship incentives created there are not particularly strong at the individual level.

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