Squires, Dale; Jeon, Yongil; Grafton, R. Quentin; … - In: Australian Journal of Agricultural and Resource Economics 54 (2010) 3, pp. 361-377
Overcapacity is a major problem in common-pool resources. Regulators increasingly turn from limited entry to individual transferable use rights to address overcapacity. Using individual vessel data from before and after the introduction of individual harvest rights into a fishery, the paper...