Individual Transferable Quota (ITQ) management systems are typically introduced to promote better capital utilisation by the fishing fleet and other efficiency gains. ITQ management was introduced in the Tasmanian rock lobster industry in 1998 and led to a range of economic, social and cultural...

The capacity for the Tasmanian southern rock lobster fishery to support the annual har-vest is a function of both growth of the legal sized stock and also recruitment of new lobsters into the stock. Decline in productivity from both of these processes has result-ed in a decline of the...

Individual transferable quotas (ITQs) have been used in several countries worldwide to regulate access to marine fisheries. While ITQs can improve the economic efficiency of fisheries, in practice they are not a panacea and distribution and equity issues have been raised in many cases. To...

For climate risk management, cumulative distribution functions (CDFs) are an important source of information. They are ideally suited to compare probabilistic forecasts of primary (e.g. rainfall) or secondary data (e.g. crop yields). Summarised as CDFs, such forecasts allow an easy quantitative...

The Tasmanian rock lobster industry has been managed by Individually Transferable Quotas (ITQs) and several input control measures since 1998. In this study, nine years of rock lobster fishing business data were used to categorise the catch and quota ownership traits and examine the response to...

Traders in the financial world are assessed by the amount of money they make and, increasingly, by the amount of money they make per unit of risk taken, a measure known as the Sharpe Ratio. Little is known about the average Sharpe Ratio among traders, but the Efficient Market Hypothesis suggests...

This assessment of the Tasmanian giant crab fishery covers the period from 1st March 2007 to 29th February 2008, and provides forecasts of the likely response of the fishery to the total allowable commercial catch (TACC) set at a range of values.Total catch reported in logbooks for the 2007/08...

The economic value of the Tasmanian rock lobster fishery contributes significantly to the States regional economy. The fishery has recreational and commercial components, the latter generating an estimated $184.5 million p.a. ($65 million directly from landed value) and 1350 full-time-equivalent...

This social marketing study discusses the application of Rothschild’s MOA framework (Motivation, Opportunity, and Ability) in a land-use management context. The authors hypothesize that landholders with higher levels of MOA are positively associated with behavior that would result in the...