The New Zealand Ministry of Fisheries constrains the incidental capture of Hooker’s sea lions in trawl nets of the southern squid fishery by closing the season once an upper limit on sea lion deaths is reached. The regulatory measure is in fact a limit on effort because the number of sea lion...

This paper develops a bioeconomic model that captures the underlying incentives driving the serial depletion of pristine seamounts. The determinants under New Zealand's Quota Management System relate to unit cost savings from bottom trawling for orange roughy on seamounts, where catch rates are...

The New Zealand Ministry of Fisheries constrains the incidental capture of HookerÕs sea lions in trawl nets of the southern squid fishery by closing the season once an upper limit on sea lion deaths is reached. The regulatory measure is in fact a limit on effort since the number of sea lion...