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The policy of the fishing sector in Romania, in terms of commercial fishing, it envisages measures that ensure the sustainable exploitation of living aquatic resources, efficient management, stimulating those who work in this sector to unite in associative forms, the collection of statistical...
Persistent link: https://www.econbiz.de/10013189442
original method and an application for testing costs subadditivity in the fishery sector, by using a system of supply functions … traditional economies of scale in fishery. The latter, in fact, does not depend from the vessel technology, but on the degree of …
Persistent link: https://www.econbiz.de/10011785062
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/10011287058
Catastrophic risk is currently a hotly debated topic. This paper contributes to this debate by showing two results. First it shown that the value function in dynamic optimization can have an infinite derivative at some point even if the model specification has functional forms that are finite...
Persistent link: https://www.econbiz.de/10010530538
We analyze the effect of environmental uncertainties on optimal fishery management in a bio-economic fishery model … case of a risk-neutral fishery manager, the overall effect depends on the relative magnitude of two opposing effects, the … high coefficients of constant relative risk aversion. -- Fishery economics ; environmental uncertainty ; constant …
Persistent link: https://www.econbiz.de/10009625696
We consider a robust control model for a spatially distributed commercial fishery under uncertainty, and in particular … ; model uncertainty ; robust control ; fishery …
Persistent link: https://www.econbiz.de/10009704925
Persistent link: https://www.econbiz.de/10010228021
In most coastal developing countries, the artisanal fisheries sector is managed as a common pool resource. As a result, such fisheries are overcapitalized and overfished. In Ghana, in addition to anthropogenic factors, there is evidence of rising coastal temperature and its variance, which could...
Persistent link: https://www.econbiz.de/10010228732
The importance of fish size for price per kilo is studied using an inverse demand approach. Prices per kilo in different size categories of the same species differ significantly. This means that the average price for a species may change due to e.g., high-grading, growth overfishing or a...
Persistent link: https://www.econbiz.de/10010337010
William Forster Lloyd's 1833 sketch about poor cattle on the commons and the well-fed animals on the adjacent enclosures published in his "Two lectures on the checks to population" has hitherto been assessed as one starting point of the economics of renewable resources. In the 20th century the...
Persistent link: https://www.econbiz.de/10010252203