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Mackerel Fishery by statistical rectangles and by quarter for 2012. Catch (t). North East Atlantic -- The NMTT …
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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 …
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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 …
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We study how the strength of property rights to individual extractive firms affects a regulator's choice over exploitation rates for a natural resource. The regulator is modeled as an intermediary between current and future resource harvesters, rather than between producers and consumers, as in...
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Credit markets and property rights are fundamental for modern economies, but they also have implications for the commons. Using a dynamic model of competitive resource extraction, we show that improving property right security unambiguously increases conservation incentives, but the effect of...
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