Icelandic fisheries have gone through tremendous changes since the 1980s and the gradual implementation of individual transferable quotas. The paper investigates to what extent the power of different stakeholders in the fisheries management system ...

Icelandic fish stocks underwent privatisation in 1990, when existing fishing quotas were made fully transferable. The country’s system of individual transferable quotas has since been held up as a paragon of virtue for sustainable fisheries. This might ...