How are market conditions affected by a change in fishery regulations? Who benefits and who loses? The paper discusses the price effects of a reform in the Swedish Baltic cod fishery where vessels using active gear were given annual quotas rather than the previously applied quarterly quotas. We...

We characterize optimal fishery management in an age-structured, bio-economic model where two age groups are harvested with costly and imperfect selectivity. We show that a system of tradable fishing permits, each allowing to harvest a specific number of fish that differs with age group,...

How are market conditions affected by a change in fishery regulations? Who benefits and who loses? The paper discusses the price effects of a reform in the Swedish Baltic cod fishery where vessels using active gear were given annual quotas rather than the previously applied quarterly quotas. We...

AFRIKAANSE OPSOMMING: Verskeie korporatiewe fiaskos gedurende die afgelope dekade het wêreldwye opskudding veroorsaakmet die gevolg dat daar vanaf ‘n nuwe oogpunt gekyk word na die wyses waarop korporasiesbestuur word. Terselfdertyd is daar ‘n wêreldwye belangstelling gekweek in...

The paper reports the results of a bioeconomic analysis of the exploitation of a recently discovered orange roughy stock located off Tasmania. The parameters of the model are based on the experience derived from the orange roughy fisheries in New Zealand where stocks have been heavily exploited....

According to international law, straddling fish stocks should be managed cooperativelythrough Regional Fisheries Management Organizations (RFMOs).This paper analyzes the stability and success of these organizations through agame in partition function form based on the classical Gordon-Schaefer...

The world population recently topped 6 billion people. Each person has the same need to eat, breathe, and drink. Unfortunately the world's limited resources imply a carrying capacity for the human race. As we approach this critical mass, the strain on our resources becomes increasingly severe....