Stock information requirements for quota management systems in commercial fisheries

@article{Walters2004StockIR,
  title={Stock information requirements for quota management systems in commercial fisheries},
  author={Carl Walters and Peter H. Pearse},
  journal={Reviews in Fish Biology and Fisheries},
  year={2004},
  volume={6},
  pages={21-42}
}
Economic inefficiency and other problems associated with managing fisheries through restrictions on fishing times, places and gear have led to development of management systems based on individual fishers' quotas. But this shift from input controls to output controls calls for much more accurate and timely stock assessments. The risk of stock collapse resulting from overfishing, coupled with growing pressure for low-risk resource management policies, call for conservative quota-setting in the… CONTINUE READING

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