This article first examines conditions in aquatic ecosystems of the Pacific Northwest. The article then criticizes the Clinton Administration's plan for managing the forests on the west side of the Cascade Mountains on the basis of its likely effectiveness in restoring and protecting healthy...

This empirical study examines welfare gains and losses that would result from alternative fishery management regimes. In an application to the North Sea demersal fisheries, the study shows that these fishery resources can give rise to large economic rent. Under an optimal management regime, the...

This paper develops a bioeconomic model that captures the underlying incentives driving the serial depletion of pristine seamounts. The determinants under New Zealand's Quota Management System relate to unit cost savings from bottom trawling for orange roughy on seamounts, where catch rates are...