Tahvonen, Olli; Quaas, Martin; Schmidt, Jörn; Voss, Rudi - In: Environmental & Resource Economics 54 (2013) 1, pp. 21-39
Biologists have criticized traditional biomass models in fishery economics for being oversimplified. Biological stock assessment models are more sophisticated with regard to biological content, but rarely account for economic objectives. This study includes a full age-structured population model...