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Market Quota System: The Ultimate in Public Resource Management

By Steve Scannell

ABSTRACT

As a fisheries management system the MQS fairly distributes fishing rights, or quotas, through an auction mechanism. Both commercial and recreational fishermen work under the same system. The TAC is auctioned off as a poundage of seafood, by season and species. Tied into the auction mechanism are anti monopoly constraints, environmental discounts and penalties, social inducements for traditional fishing ports, etc. So the system is comprehensive. Also coupled to the system, a strategy for giving the stocks and habitat a rest, through a public aquaculture plan. As the MQS is the product of a fisherman, and not a professor, it is presented in simple language.


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