Transferable Effort Shares: A Supplement to the Catch Share Design Manual
Design a program that allocates secure shares of fishing effort
Transferable effort share programs are a type of rights-based management that share many key attributes of catch shares. While these programs don't provide all the benefits of catch shares, they are often used when fisheries lack key data and may be a useful stepping stone towards catch shares. Before ruling out catch shares due to data constraints, see our guide on data-limited fisheries.