A consensus on the need to engage in rebuilding is a driving force for industry-initiated rebuilding plans as the case studies from Japan, Korea and Iceland clearly demonstrate. Such measures usually define rights for the participants in the fishery, although those rights may vary considerably in nature and form. These instruments have been or are being introduced into an increasing number of fisheries (e.g. OECD, 1997, OECD, 2006, EU, 2009). Examples include community-based quotas (CQs), individual quotas (IQs) and individual transferable quotas (ITQs).