With a constant number of fishery participants, the residual natural resource can be estimated by Euler's formula for the number e (the base of natural logarithm). There is practical interest in estimating residual resource (the salmon population levels) when the number of fishery participants...

The public trust doctrine is an ancient doctrine of public property law that governs sovereign stewardship of natural resources. The doctrine both promote public access to trust resources and requires sovereign protection of them for the benefit of the public, including future generations. The...

This paper studies the potential impact of higher carbon taxation - to reach the government’s emission targets by 2030 - on Iceland’s economy. The paper is divided into two parts. First, a DSGE modelling exercise suggests that the equivalent of an oil price hike of between 30% and 55% is...

This report assesses how to stop illegal, unreported and unregulated (IUU) fishing benefitting from government support. Based on a survey of OECD countries and partner economies participating in the work of the OECD Fisheries Committee, it recommends actions that can be undertaken by countries...

Scientific evidence reveals that renewable resource stock dynamics are subject to uncertainty due to changes in environmental conditions. Despite its critical impacts on management, little is known about the effects of such uncertainty on the formation of regional fisheries management...

The study focused on the fish cage businesses and their practices in the municipality of Malalag,Davao del Sur. Guided by the objectives, this study determined the business profile of the fish cageowners in terms of their type of fish raised, the number of hectares being used and their site...

We model a fishery with potential congestion; fishers obtain both public and private signals about the location where the fish stock is densest. We extend the literature by including both a larger parameter region and correlation between public and private signals. We analytically determine the...

The Klamath River, draining some 12,000 square miles in southern Oregon and northern California, was once the third largest salmon stream on the West Coast, the life force of Native Americans. The river runs 263 miles from headwaters in Oregon and flows through the Cascades to the Pacific Ocean...

Does the United States federal government have a fiduciary responsibility to protect the federally governed oceans and their resources for the citizens of the United States? Is this responsibility housed in a public trust theory where the government is the fiduciary trustee and the citizens are...

In this paper we measure the recreational economic benefits of the for-hire recreational fishery in the coastal region of North Carolina. We estimate a single trip random utility model for primary purpose and secondary purpose anglers with data from a field survey of charter and head-boat...