Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway
The economic efficiencies of the Danish, Icelandic, and Norwegian cod fisheries are examined. For this purpose, nonlinear aggregate models of these fisheries are constructed. Comparing the calculated optimal harvest and biomass quantities with the actual fisheries provides a measure of the degree of...
Published in: | American Journal of Agricultural Economics |
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Format: | Article in Journal/Newspaper |
Language: | English |
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Online Access: | http://dx.doi.org/10.1111/j.0092-5853.2004.00597.x https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Fj.0092-5853.2004.00597.x https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.0092-5853.2004.00597.x https://onlinelibrary.wiley.com/doi/full-xml/10.1111/j.0092-5853.2004.00597.x |
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crwiley:10.1111/j.0092-5853.2004.00597.x 2024-06-02T08:09:11+00:00 Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway Arnason, Ragnar Sandal, Leif K. Steinshamn, Stein Ivar Vestergaard, Niels 2004 http://dx.doi.org/10.1111/j.0092-5853.2004.00597.x https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Fj.0092-5853.2004.00597.x https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.0092-5853.2004.00597.x https://onlinelibrary.wiley.com/doi/full-xml/10.1111/j.0092-5853.2004.00597.x en eng Wiley http://onlinelibrary.wiley.com/termsAndConditions#vor American Journal of Agricultural Economics volume 86, issue 2, page 531-542 ISSN 0002-9092 1467-8276 journal-article 2004 crwiley https://doi.org/10.1111/j.0092-5853.2004.00597.x 2024-05-03T11:52:00Z The economic efficiencies of the Danish, Icelandic, and Norwegian cod fisheries are examined. For this purpose, nonlinear aggregate models of these fisheries are constructed. Comparing the calculated optimal harvest and biomass quantities with the actual fisheries provides a measure of the degree of efficiency in these fisheries. The comparisons confirm that the cod harvesting policies of these countries have been hugely inefficient in the past. It appears that inefficiency has been increasing over the last three to four decades, even after TAC regulations replaced open access, indicating that the management policies adopted by all three countries have failed to cure overfishing. Article in Journal/Newspaper Iceland Wiley Online Library Norway Tac ENVELOPE(-59.517,-59.517,-62.500,-62.500) American Journal of Agricultural Economics 86 2 531 542 |
institution |
Open Polar |
collection |
Wiley Online Library |
op_collection_id |
crwiley |
language |
English |
description |
The economic efficiencies of the Danish, Icelandic, and Norwegian cod fisheries are examined. For this purpose, nonlinear aggregate models of these fisheries are constructed. Comparing the calculated optimal harvest and biomass quantities with the actual fisheries provides a measure of the degree of efficiency in these fisheries. The comparisons confirm that the cod harvesting policies of these countries have been hugely inefficient in the past. It appears that inefficiency has been increasing over the last three to four decades, even after TAC regulations replaced open access, indicating that the management policies adopted by all three countries have failed to cure overfishing. |
format |
Article in Journal/Newspaper |
author |
Arnason, Ragnar Sandal, Leif K. Steinshamn, Stein Ivar Vestergaard, Niels |
spellingShingle |
Arnason, Ragnar Sandal, Leif K. Steinshamn, Stein Ivar Vestergaard, Niels Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway |
author_facet |
Arnason, Ragnar Sandal, Leif K. Steinshamn, Stein Ivar Vestergaard, Niels |
author_sort |
Arnason, Ragnar |
title |
Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway |
title_short |
Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway |
title_full |
Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway |
title_fullStr |
Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway |
title_full_unstemmed |
Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway |
title_sort |
optimal feedback controls: comparative evaluation of the cod fisheries in denmark, iceland, and norway |
publisher |
Wiley |
publishDate |
2004 |
url |
http://dx.doi.org/10.1111/j.0092-5853.2004.00597.x https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Fj.0092-5853.2004.00597.x https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.0092-5853.2004.00597.x https://onlinelibrary.wiley.com/doi/full-xml/10.1111/j.0092-5853.2004.00597.x |
long_lat |
ENVELOPE(-59.517,-59.517,-62.500,-62.500) |
geographic |
Norway Tac |
geographic_facet |
Norway Tac |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
American Journal of Agricultural Economics volume 86, issue 2, page 531-542 ISSN 0002-9092 1467-8276 |
op_rights |
http://onlinelibrary.wiley.com/termsAndConditions#vor |
op_doi |
https://doi.org/10.1111/j.0092-5853.2004.00597.x |
container_title |
American Journal of Agricultural Economics |
container_volume |
86 |
container_issue |
2 |
container_start_page |
531 |
op_container_end_page |
542 |
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1800754847033589760 |