The degree to which individual species can be targeted will influence how quotas are set in multi-species fisheries managed through individual transferable quotas (ITQs). In this paper, a multi-output distance function is used to examine fishers' ability to control output mix in a fishery about...

The Australian Northern Prawn Fishery (NPF) is one of the few that has adopted a dynamic version of a 'maximum economic yield' (MEY) target, and, on this basis, the fishery is undergoing a process of substantial stock rebuilding. This study details the bioeconomic model used to provide...