What are the key attributes of a catch share?
In order to better understand catch share programs, it is useful to outline their key attributes. The SEASALT mnemonic – developed for this Design Manual based on review of existing catch share programs and theoretical literature – describes commonly occurring attributes of catch shares.
Not all of these components are required for a catch share to be successful. However, the more completely a program is designed to incorporate each of these attributes, the higher the likelihood of a biologically sustainable and economically profitable fishery.
The Design Manual systematically addresses these key attributes through the outlined Design Steps. At the beginning of each Step, germane SEASALT attributes are highlighted.
