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Individual transferable quotas (ITQs) induce changes along both the extensive margin—via consolidation of quota among fewer vessels—and the intensive margin, as harvesters adjust their behavior to ITQ incentives. We use ITQ introduction in the Bering Sea crab fishery to decompose the sources...
Persistent link: https://www.econbiz.de/10010888311
We utilize a variety of approaches to examine the success of a voluntary conservation program for a common property resource. The availability of panel data and a nonparticipatory group lets us use quasi-experimental methods to investigate the distribution of outcome treatment effects. We...
Persistent link: https://www.econbiz.de/10008619569