Implications of a Discard Ban in Multispecies Quota Fisheries

Aaron Hatcher ()

Environmental & Resource Economics, 2014, vol. 58, issue 3, 463-472

Abstract: We present an analysis of quota regulation and discarding in multispecies fisheries, explicitly taking into account the costs of non-compliance with quotas and a possible discard ban, as well as the costs of selective fishing (avoidance effort). We examine the impact of a discard ban on vessels’ profit maximising behaviour, in particular where species quotas are not set in proportion to their availability on the fishing grounds, considering both non-tradeable quotas and ITQs. We show the interdependence between penalty rates for both discards and over-quota landings in determining quota market outcomes. We find that quota prices are sensitive to penalty rates and to the presence of restrictive quotas for “choke” species. Copyright Springer Science+Business Media Dordrecht 2014

Keywords: Discarding; Quota management; ITQs; Compliance (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (4)

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DOI: 10.1007/s10640-013-9716-1

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