Catch Quotas
Systems that use individual transferable quotas (ITQ), also called individual fishing quota limit the total catch and allocate shares of that quota among the fishers who work that fishery. Fishers can buy/sell/trade shares as they choose.
A large scale study in 2008 provided strong evidence that ITQ's can help to prevent fishery collapse and even restore fisheries that appear to be in decline.
Read more about this topic: Fisheries Management
Famous quotes containing the word catch:
“A sympathetic person is placed in the dilemma of a swimmer among drowning men, who all catch at him, and if he give so much as a leg or a finger, they will drown him. They wish to be saved from the mischief of their vices, but not from their vices.”
—Ralph Waldo Emerson (1803–1882)