The Global Partnership for Oceans (GPO) is an alliance of governments, private firms, international organizations, and civil society groups that aims to promote ocean health while contributing to human well-being. A Blue Ribbon Panel (BRP) was commissioned to develop guiding principles for GPO...

Economics of the fishery has focused on the wastefulness of common pool resource exploitation. Pure open access fisheries dissipate economic rents and degrade biological stocks. Biologically managed fisheries also dissipate rents but are thought to hold biological stocks at desired levels. We...

Spatial-dynamic processes in renewable resource economics pose difficult conceptual, analytical, empirical, and institutional challenges that are distinct from either spatial or dynamic problems. We describe the challenges and conceptual approaches using both continuous and discrete depictions...

Limited entry is used to manage many fisheries. Effectiveness depends on a program's ability to control aggregate fishing power, which fleet size and composition both affect. This article analyzes fleet composition and attrition in a limited-entry fishery, the California red sea urchin fishery....

This paper combines a model of open access fisheries exploitation with a distance-based approach to missing labor and product markets. The model generates predictions about the circumstances under which exploitation increases or decreases with distance. An econometric model is estimated with...

One of the greatest challenges facing empirical fisheries researchers is to endogenize fishing effort in bioeconomic models in a way that accounts for fleet heterogeneity. Such heterogeneity can manifest in a wide range of both observable and unobservable characteristics of fishing vessels and...

We specify a discrete choice dynamic programming model of commercial fishing participation and location choices. This approach allows us to examine how fishermen collect information about resource abundance and whether their behavior is forward-looking.