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On the Allocation of Possible EU Total Allowable Catches (TAC) for the Mediterranean Swordfish: An Envy-Free Criterion and Equitable Procedure

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dc.contributor.author Kampas, A en
dc.date.accessioned 2014-06-06T06:53:06Z
dc.date.available 2014-06-06T06:53:06Z
dc.date.issued 2014 en
dc.identifier.issn 0021857X en
dc.identifier.uri http://dx.doi.org/10.1111/1477-9552.12064 en
dc.identifier.uri http://62.217.125.90/xmlui/handle/123456789/6364
dc.subject Bankruptcy rules en
dc.subject Bargaining en
dc.subject Common property resources en
dc.subject Envy-free indices en
dc.subject Fairness en
dc.subject Initial allocation en
dc.subject Mediterranean Sea en
dc.subject Swordfish en
dc.subject Total allowable catch en
dc.title On the Allocation of Possible EU Total Allowable Catches (TAC) for the Mediterranean Swordfish: An Envy-Free Criterion and Equitable Procedure en
heal.type other en
heal.identifier.primary 10.1111/1477-9552.12064 en
heal.publicationDate 2014 en
heal.abstract This paper examines the allocation of entitlement rights for the management of common property resources. In particular, the case of allocating a Total Allowable Catch quota for the Mediterranean swordfish is examined as a case study. The proposed approach comprises three steps. First, there is a bargaining procedure between the European Union (EU) and the rest of the International Commission for the Conservation of Atlantic Tunas (ICCAT) countries. As soon as an initial agreement is possible, the EU considers various equitable rationing methods to allocate its share to the European Member States. These rationing methods draw upon two different streams of the literature, bankruptcy and 'burden sharing'. Finally, the European Member States reach a fair agreement through minimising an envy-free index. The allocation rule which is defined as the weighted average of equal proportion and equal share rationales represents the best compromise solution. © 2014 The Agricultural Economics Society. en
heal.journalName Journal of Agricultural Economics en
dc.identifier.doi 10.1111/1477-9552.12064 en


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