Deacon, Robert T.; Finnoff, David; Tschirhart, John - In: Resource and Energy Economics 33 (2011) 2, pp. 366-380
A common strategy for limiting the total annual catch in a fishery is to restrict entry and season length. We examine the results of this strategy when entry limitation amounts to a limit on capital, but fishing firms can vary an unrestricted input, and thereby use the restricted input more...