Game-theoretic models of fisheries typically consider cases where some players harvest a single common fish stock. However, these types of models do not capture many real-world mixed fisheries, where species can be biologically independent or dependent. The present paper considers cases where...

Fisheries economics stand on the cusp of potentially sizeable changes in orientation and policy focus, leading in turn to comparable changes in modeling and general analysis. Notably, fisheries are increasingly framed as part of the overall marine environment rather than considered as solely or...

La gestión eficiente de ciertos recursos renovables caracterizados por la propiedad común y el libre acceso ha estado mediatizada por la denominada «Tragedia de los Comunes». La literatura pionera en este campo enfatizaba la necesidad de un marco regulatorio que superara esta tendencia hacia...

Danube Delta has suffered damages of habitat and species loss caused by factors, including: construction of dams upstream have degraded obviously flooding regime; creation of agricultural and fishing enclosures which decreased the natural and original surfaces; extending artificial navigation...

What happens when an environmental NGO (ENGO) becomes involved in fisheries management, and its involvement is recognized by the managing authorities? The answer depends on the preferences and the measures of the ENGO. We use a bioeconomic objective function where fishers and regulator have...

Individual transferable quotas (ITQs) induce changes along both the extensive margin—via consolidation of quota among fewer vessels—and the intensive margin, as harvesters adjust their behavior to ITQ incentives. We use ITQ introduction in the Bering Sea crab fishery to decompose the sources...

Las políticas basadas en la concesión de subsidios a sectores económicos concretos, y entre ellos al sector pesquero, se han generalizado durante los últimos cincuenta años y a pesar de su dilatada historia, no se ha llegado a alcanzar un consenso sobre su alcance y efectos. El análisis...

Using a sample of fisheries managed under the Magnuson Act, a probit model of the probability of property rights adoption is estimated. The probability of adoption increases as ex–vessel revenue increases and as proxies for transaction costs decrease.

This paper deals with the time consistency problem associated with buyback schemes, arising from the fact that the schemes may be anticipated by vessel owners. After reviewing and elaborating upon the key results of our recently published article on buybacks and limited-entry programs, we...

I analyze drivers of investment in a fishery with tradable quotas. Theory predicts that tradable quotas increase efficiency because efficient firms buy quotas from less efficient firms. I identify what drives investment, using data on Norwegian purse seiners. Results show that while the basic...