This article examines the evolution of foreign ownership in the UK fishing fleet in the context of policy developments at European and national levels. We argue that the characterisation of all foreign ownership as "quota-hopping" is misleading because it oversimplifies the means by which...

Fisheries management is increasingly involving a wide range of stakeholders in the decision making process. However, in most fisheries, the set of management objectives are poorly defined, and the implicit importance placed on these objectives may vary considerably both between and within...

Internationally, individual vessel quotas (IVQ) have become an increasingly popular management tool. The main attraction of IVQs is the incentives they create for cost savings, autonomous capacity adjustment and, subsequently, rent generation. In this paper, the extent to which different IVQ...

Capacity measurement and reduction is a major international issue to emerge in the new millennium. However, there has been limited assessment of the success of capacity reduction schemes (CRS). In this paper, the success of a CRS is assessed for a European fishery characterised by differences in...

Some economists have questioned the need for retaining boat licences in fisheries managed through rights-based systems on the assumption that licences act as an impediment to autonomous adjustment. In this paper, the role of boat licences in fisheries managed through rights-based instruments is...

The main objectives of fisheries management are generally similar throughout the world. These are often stated in policy documents such as the Common Fisheries Policy and the Magnuson-Stevens Fishery Conservation and Management Act. However, at the local level often the key objectives of...

Improving the economic performance of fisheries is becoming increasingly important in fisheries management, and in some cases, maximum economic yield (MEY) is set as a key management target. However, recent critics of MEY as a management target have argued that a decline in the level of fishing...