Historically, all capture fisheries have proven hard to manage; internationally shared stocks face an additional impediment to effective management. Previous fisheries studies estimate gains from cooperation for particular species or locations, but evidence is lacking on the wider effect that...

Efficiency analysis in fisheries is not uncommon. In the past, efficiency analysis has mainly focused on productivity, cost and revenue, with relatively few investigating profit efficiency. Negative profits and small sample sizes in fisheries have been some of the obstacles diverting attention...

Efficiency analysis in fisheries is not uncommon. In the past, efficiency analysis has mainly focused on productivity, cost and revenue, with relatively few investigating profit efficiency. Negative profits and small sample sizes in fisheries have been some of the obstacles diverting attention...

We investigate the effects of incorporating a fixed input on equilibrium profits and biomass. We first set up a theoretical model with an input that is fixed in the short-run (vessel size) but that can be used with a variable input at suboptimal capacity. We use this model to get predictions for...

We investigate the effects of incorporating a fixed input on equilibrium profits and biomass. We first set up a theoretical model with an input that is fixed in the short-run (vessel size) but that can be used with a variable input at suboptimal capacity. We use this model to get predictions for...

This paper presents a simple model of a common access fishery where fishermen care about relative performance as well as absolute profits. Our specification captures the idea that status (which depends on relative performance) in a community infuences a person's well-being. We consider two...