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:
“Many writers are neither spirit nor wine, but rather spirits- of-wine: they can catch fire, and then they give off heat.”
—Friedrich Nietzsche (1844–1900)