Catch–quota matching allowances balance economic and ecological targets in a fishery managed by individual transferable quota

• Published in: Proceedings of the National Academy of Sciences
• Main Authors: Oostdijk, Maartje, Byrne, Conor, Stefánsson, Gunnar, Santos, Maria J., Woods, Pamela J.
• Format: Text
• Language: English
• Published: National Academy of Sciences 2020
• Subjects: Social Sciences; Tac; atlantic cod
• Online Access: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC7547151/; http://www.ncbi.nlm.nih.gov/pubmed/32958660; https://doi.org/10.1073/pnas.2008001117

Fishers with individual catch quota, but limited control over the mix of species caught, depend on trade and catch–quota balancing allowances to fully utilize their quota without discarding. However, these allowances can theoretically lead to overfishing if total allowable catches (TACs) are consist...