Showing 1 - 10 of 16
Within fisheries it is well-known that several market failures exist. However, fisheries economists analyse these … fisheries economic model it is shown that it will be in the interest of risk-averse fishermen to report a part of their catch … catches and simulations show that the tax payment is very low. Thus, the tax system may be useful in practical fisheries …
Persistent link: https://www.econbiz.de/10010321952
The paper sets up a discrete-time, deterministic, coalition game model among the major agents exploiting the cod stock in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one-point solution concepts. The paper identifies the problem with...
Persistent link: https://www.econbiz.de/10010321960
This paper deals with risk and uncertainties that are an inherent part of designing and implementing fisheries … risks and uncertainties and to assess the importance of it in relation to the performance of fisheries rebuilding plans, to …
Persistent link: https://www.econbiz.de/10010321693
Many ocean fisheries are subject to a fundamental economic problem generally referred to as the common property problem … fisheries represent some of the most dramatic examples of the common property problem. This paper employs simple empirical … of three European fisheries, namely the Danish, Icelandic and Nor-wegian cod fisheries. The optimal harvesting policies …
Persistent link: https://www.econbiz.de/10010321928
studies of fisheries management. In this paper an analysis of conditions for generalising the Weitzman result to fisheries … regulate over 55 fisheries while taxes regulate none is surprising. …
Persistent link: https://www.econbiz.de/10010321957
Production condition and behavioural reactions have traditionally been modelled in unregulated industries. The paper examines the impact that output regulation will have in an industry of multiple outputs where production of regulated and unregulated outputs are combined. The industry's respond...
Persistent link: https://www.econbiz.de/10010321961
This paper seeks to investigate the following issues: What is the resulting out-come, when regulation is determined by interest groups that compete for influ-ence over the regulatory process? Given this, can we predict how climate change related changes in the underlying biological factors will...
Persistent link: https://www.econbiz.de/10010321963
This paper considers the policy outcome of a contest between two opposing in-terest groups: the incumbent fishermen and a group of conservationalists. The objective of the fishermen is to maximize profit, and they are (partly) concerned over future profitability as well, while the...
Persistent link: https://www.econbiz.de/10010321964
The paper sets up a discrete-time, deterministic model of a single industry, in the light of the benchmark theory of Smith (1968). The model is used to de-scribe the dynamics of recovery from a replenishable resource such as the case of the eastern Baltic Cod fishery. The model advances from...
Persistent link: https://www.econbiz.de/10010321973
Game-theoretic fisheries models typically consider cases where some players harvest a single common fish stock. It is …, however, the case that these types of models do not capture many real world mixed fisheries, where species are biological … fisheries. This paper is targeting biodiversity preservation by setting up a two species model with the aim of ensuring both …
Persistent link: https://www.econbiz.de/10010321691