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Out of the pot and into the money: Managing the Western Rock Lobster Fishery by ITE's or ITQ's? AgEcon
McLeod, Paul; Lindner, Robert K.; Nicholls, John.
The West Coast Rock Lobster fishery is Australia's most valuable commercial fishery. Around 550 vessels harvest an average of 10,500 tonnes of lobster per annum. The industry has an enviable track record of biological management based on a variety of input controls, although three significant pot reduction interventions have been necessary in recent years. An evaluation of a range of possible future management regimes is reported in this paper. The results were derived from a purpose built bio-economic model three separate biological zones in the fishery using non linear optimization to produce ten year steady state solutions for alternative management options. Management options included the current pot control system, and versions of variable...
Tipo: Conference Paper or Presentation Palavras-chave: Rock lobster; Quotas; ITQs; Western Australia; Bioeconomic; Economic benefits; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10403
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