Sep 30, 2016|Kailin Kroetz, Daniel K. Lew, James N. Sanchirico |
This paper summarizes an evaluation of the Guided Angler Fish transfer provision of the Catch Sharing Plan of the Alaskan Halibut fishery—the first significant federal catch share program implemented in the United States including recreational fishermen.
Market-based permit trading programs can help ensure that fisheries are both sustainable and profitable. Many also use trading restrictions to meet social goals. But this can diminish economic efficiency, a trade-off that policymakers should consider.