Quota Allocation and Litigation: An Economic Perspective (Thalassorama‪)‬

Introduction Allocation of quota to individual fishers is one of the most contentious issues surrounding the use of individual transferable quotas (ITQs). There is no "standard" allocation formula. In some fisheries, equal allocations were given to all participants, while in other fisheries, allocations were based solely on catch history or various combinations of catch history, fishing days, vessel size, investment, and vessel capacity. (1)