An empirical methodology for evaluating fisheries regulations in terms of both rent gains and employment losses is proposed. A royalty tax and a change in catch distribution among competing vessel types are compared with the status quo of restricted access. The case study is the British Columbia...

This paper deals with problems of optimal management of common-property fisheries. It advances the proposition that many fisheries management schemes, which are theoretically capable of generating efficiency, are actually not practicable, owing to their huge informational requirements. This...

A discrete-time, nonlinear, deterministic model for an open-access fishery is developed and the equilibrium is characterized. The open- access exploitation of North Sea herring during the period 1963-77 is analyzed. Alternative production functions are considered and estimated for the Norwegian...