Higashida, Keisaku; Tanaka, Kenta; Managi, Shunsuke - School of Economics, Kwansei Gakuin University - 2011
Marine resource depletion is a critical concern for humankind. Individual Transferable Quota (ITQ) regimes are among the most effective measures to tackle this problem. Employing an experimental approach, this study examines the rationality of fishers under an ITQ regime. In particular, this...