Singh, Rajesh; Weninger, Quinn - In: Journal of Environmental Economics and Management 70 (2015) C, pp. 72-91
We study harvesting efficiency and the problem of discards under harvest uncertainty in a fishery that is managed with … efficiency and eliminate quota-overage discards completely. In the absence of such trade, we deduce an ad valorem tax …/subsidy that eliminates discards while delivering a desired aggregate harvest target. Alternatively, we show that a hybrid policy …