Pooling and exchange of random resources may offer the owners insurance and substitution. Greater efficiency and more stable revenues thereby obtain. These good properties derive from a sharing rule that complies with the core concept from cooperative production games. It is applied here to...

The use of renewable resources is examined as a cooperative production game, the focus here being on fisheries. It is shown how pooling and exchange of individual endowments may open for substitutions that generate greater efficiency. We introduce a sharing rule that complies with the core...

This paper considers non-linear taxation to regulate fisheries. It compares that instrument with quantity control and linear taxation. Traditionally the question of how to regulate fisheries has been posed as a choice between price and quantity control. A numerical example, concerned with...

The purpose of this paper is to examine the choice of currency for Norwegian salmon exporters. The choice of invoicing currency will affect prices in different markets as well as risk, factors that are becoming increasingly important as the supply chain for salmon is becoming more sophisticated,...

In this paper we examine the welfare implications of the Tanzanian fisheries boom following from the increase in quantities and prices of the Lake Victoria Nile perch export during 1993-2008. We use the theoretical model by Brander and Taylor (1997) that we try to test empirically. We have a...

Fishers in developing countries do not have the resources to acquire advanced technologies to exploit offshore fish stocks. As a result, the United Nations Convention on the Law of the Sea requires countries to sign partnership agreements with distant water fishing nations (DWFNs) to exploit...

Economic theory predicts that open access leads to myopic behaviour of fishermen, while improving property rights leads to more long-term decisions of fishermen. In this study, we report the experiences from a co-managed fishery within the Gullmar fjord, which is a marine reserve by the Swedish...

After a commercial whaling moratorium was enacted in 1986, whale watching became one of the fastest growing tourism industries worldwide. As whaling is regarded as an activity that is incompatible with whale watching, the possible resumption of commercial whaling has caused an urgent need to...

This study deals with fisheries and trade, focusing on developing countries. Fish is globally traded, and for many developing countries, it is an important net export good. In most of these countries, fisheries are often characterized by poorly defined property rights, accompanied by...

This paper analyzes the causes for regulatory compliance using traditional deterrence variables and potential moral and social variables. We use self-reported data from Tanzanian artisanal fishers in Lake Victoria. The results indicate that fishers adjust their violation rates with respect to...