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Abstract

Daniel W. Bromley’s (2015) recent opinion piece in Choices raises some issues which we believe requires a response on behalf of the international fisheries economist profession. Bromley identifies some key problems with the U.S. fisheries policy, and the Individual Transferable Quota (ITQ) system in particular, which are not unique to the United States. In fact, the introduction of ITQs has occurred relatively recently in the United States, while other countries such as New Zealand have over time gained institutional experience with some of the issues raised by Bromley. As fisheries economists from New Zealand and Norway, we may be able to offer some insights.

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