determine the harvest that maximizes the value of a fishery participating in a global market, where all the considered … demand shock and the aggregate harvesting of all zones. Accordingly, a fishery's harvest will be affected by the global … global framework with an alternative where the individual zones are aggregated into a single optimizing fishery we find that …

the self-selection of heterogeneous fishermen into sectors. The fishery management regime assigns one portion of an … independently. Data from an Alaska commercial salmon fishery confirm our model's key predictions, that the co-op would facilitate … the co-op's demise, an outcome also predicted by our model. Our analysis provides guidance for designing fishery reform …