Showing 1 - 10 of 44
In most multi-species fisheries managed through output controls, total allowable catches (TACs) are set primarily on the basis of biological considerations, usually on a species by species basis. An implicit assumption of management is that fishers are able to adjust their product mix in line...
Persistent link: https://www.econbiz.de/10011324915
overall level of efficiency. …
Persistent link: https://www.econbiz.de/10010270930
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...
Persistent link: https://www.econbiz.de/10010272375
This paper develops linear quadratic robust control theory for a class of spatially invariant distributed control systems that appear in areas of economics such as New Economic Geography, management of ecological systems, optimal harvesting of spatially mobile species, and the like. Since this...
Persistent link: https://www.econbiz.de/10010272439
Existing models of open-access resources are applicable to non-storable resources, such as fish. Many open-access resources, however, are used to produce storable goods. Elephants, rhinos, and tigers are three prominent examples. Anticipated future scarcity of these resources will increase...
Persistent link: https://www.econbiz.de/10011608358
paper, we assess the non-efficiency benefits of improving environmental quality in the presence of such linkages …, recognising that efficiency benefits may not be significant under the circumstances describing many open access fisheries. We use … equilibrium of the system. Ultimately, for substantial efficiency benefits to arise from addressing the nutrient enrichment …
Persistent link: https://www.econbiz.de/10011608361
The present research has been developed within the EU FP7 VECTORS project (http://www.marine-vectors.eu/). The main scope of the project (2011-2015) has been to evaluate, from a multilateral perspective, drivers, pressures and vectors of changes in marine life of three main European seas...
Persistent link: https://www.econbiz.de/10011307258
Risk of stock collapse is a genuine motivation for cooperative fisheries management. We analyse the effect of an endogenously determined risk of stock collapse on the incentives to cooperate in a Great Fish War model. We establish that equilibrium harvest strategies are non-linear in stock and...
Persistent link: https://www.econbiz.de/10011307298
Within the independent private-values paradigm, we derive the data-generating process of the winning bid for the last unit sold at multi-unit sequential English auctions when bidder valuations are draws from different distributions; i.e., in the presence of asymmetries. When the identity of the...
Persistent link: https://www.econbiz.de/10011324888
In this paper, a discrete time, multi-gear and age structured bio-economic model is developed for the Northern Atlantic Bluefin Tuna, which is a paradigmatic example of the difficulties faced in managing highly migratory fish stocks. The 1995 U.N. Fish Stocks Agreement provides guidance as to...
Persistent link: https://www.econbiz.de/10011324939