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...

A new fishing law is to enter into effect by the end of 2012 to replace the actual law 19,713. Several analysts have argued that the new law must correct, among other things, for the limited competition and lack of new entry in the sector. Using economic theory and evidence from fisheries in...

This paper shows that the initial allocation of individual fishing quotas through auctions guarantee economic efficiency. This result is not necessarily true when the assignment is made by historical criteria. The central argument is that the Coase theorem (even in its weak version) is...

Efficient allocations in common-pool resources cannot be accomplished when appropriators are selfish. In addition to this dilemma, using a linear approximation of best response functions at the Nash equilibrium in the common-pool resource environment, we find that the system of simultaneous...

The presence of illegal, unregulated and unreported (IUU) fishing activities is considered a serious barrier to the sustainable use of marine resources. This paper uses a game theoretic approach to investigate the strategic interaction between fishers and management in the presence of IUU...

We analyze the effect of environmental uncertainties on optimal fishery management in a bio-economic fishery model. Unlike most of the literature on resource economics, but in line with ecological models, we allow the different biological processes of survival and recruitment to be affected...

William Forster Lloyd's 1833 sketch about poor cattle on the commons and the well-fed animals on the adjacent enclosures published in his 'Two lectures on the checks to population' has hitherto been assessed as one starting point of the economics of renewable resources. In the 20th century the...

There are several examples of pelagic fisheries that have experiencedfishing collapse when facing downward abundance cycles. Improvingunderstanding about pelagic catch’s stock dependence can help avoid newcases of fishing collapse. This paper analyses the possible endogeneity ofthe fish stock...

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...