The application of ecosystem based management of the marine resources and focus on ecosystem services will influence the methodologies used for assessing the resources as well as the proposed regulation of the fisheries and other marine resources. The paper makes a review of ecosystem services...

Theoretical papers find that taxes are preferred over individual transferable quotas (ITQs) when fisheries regulators are uncertain about either biological growth or the extent of non-compliance with regulations. However, the size of the welfare gain from switching to taxes has not previously...

In this study, we investigate whether neoclassical economic theory, capital market frictions or preference-based theory can explain investment behaviour in the Dutch beam trawler fishery in the North Sea. By presenting a number of estimations, we show that vessels conducting pulse fishing invest...

Part of the existing economic literature on fisheries regulation focuses on addressing several objectives with one instrument. In an extension of this literature we investigate the following three objectives of fisheries regulation: A) Correcting a stock externality; B) Raising public funds, and;...

The seminal work by Baumol et al. (1982) has highlighted the importance of analyzing firms' costs structure. This allows to design proper policy measures and to understand the impacts of those policies in markets. The note presents an original method and an application for testing costs...

The Sustainable Development Goal for the oceans and coasts (SDG 14) as part of the 2030 Agenda can be considered as an important step towards achieving more comprehensive blue growth. Here, we selected a set of 18 indicators to measure progress against SDG 14 for EU coastal states in the Baltic...

Analysis of open-access common-property natural resource (NR) has occurred under “low” congestion (LC) – where 𝐴𝐶 and 𝑀𝐶 increase with output 𝑄 – and has for the most part ignored the more important congestion categories where 𝐴𝐶 (𝑀𝐶) is backward-bending...

The knowledge about the real possibilities that current science gives us is basic to support everything that is not negative either for men or for our environment. In this way, it is an advantage to win this battle against hunger with rational use of science advantages. In this paper, we start...

This work aims to analyze the organizational change that has taken the Cooperative Society of Fishing Production "The Patole", S.C. of R.L. de C.V. It is assumed that as a result of having implemented systems theory, it has improved its organizational development and thus fulfillment of its...

At the initial stage of this project, the project group consisted of Asbjørn Aaheim, Magnus Hatlebakk and the authors. The authors are grateful for the discussion with the other project participants at this stage. We also had very useful discussion with the marine researcher Sigurd Tjelmeland...