by
Gary R. Morgan
Western Australian Fisheries Department
PO Box 20
North Beach
WA 6020
Australia
Reprinted 2001
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ISBN 92-5-104064-8
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2. QUOTA MANAGEMENT AND MANAGEMENT PERFORMANCE
2.1 Genesis of management failure
2.2 Managing capacity
2.3 Input versus output controls and combination of controls
2.4 Resource allocation
2.5 A multidisciplinary approach to quota management
3. ESTABLISHING THE TOTAL ALLOWABLE CATCH
3.1 Assessing a fishery’s suitability for quota management
3.1.1 Single and multispecies stocks, shared stocks and straddling stocks
3.1.2 Impacts on long-term sustainability3.2 Assessing risks in TAC setting
3.2.1 Biological risk associated with over-exploitation
3.2.2 Economic risks3.3 Where should the TAC be set in relation to the production function?
3.3.1 Methods for determining the production function
3.3.2 Effects on economic rent generation
3.3.3 Environmental and other impacts and the real costs of fishing
3.3.4 Impacts on operational costs and the affordability of cost reduction
3.3.5 Maximising incentives for operational efficiency
4.1 Biological, economic and financial impacts of fixed and variable TACs
4.1.1 The effects of variable recruitment and biomass changes
4.1.2 Risk assessment issues of fixed and variable quotas and effects on long-term catches
5.1 The allocation of TAC between participants in the fishery
5.2 The allocation of economic rent
5.2.1 Minimising rent dissipation
5.2.2 Taxes, levies and cost recovery
5.2.3 The effects of separating economic rent allocation from TAC allocation5.3 The impact of allocation approaches on resource ownership and property rights