Towards the Optimal Management of the Northeast Arctic Cod Fishery
The objectives pursued by governments managing fisheries may include maximizing profits, minimizing the impact on the marine ecosystem, or securing employment, which all require adjusting the composition of the fishing fleet. We develop a management plan that can be adapted to those objectives and a...
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ftagecon:oai:ageconsearch.umn.edu:108249 2024-09-15T17:52:26+00:00 Towards the Optimal Management of the Northeast Arctic Cod Fishery Richter, Andries Eikeset, Anne Maria Stenseth, Nils Chr. van Soest, Daan P. 2017-04-01T14:04:16Z https://doi.org/10.22004/ag.econ.108249 http://ageconsearch.umn.edu/record/108249 https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf eng eng doi:10.22004/ag.econ.108249 https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf http://ageconsearch.umn.edu/record/108249 http://ageconsearch.umn.edu/record/108249 Text 2017 ftagecon https://doi.org/10.22004/ag.econ.108249 2024-07-05T11:25:51Z The objectives pursued by governments managing fisheries may include maximizing profits, minimizing the impact on the marine ecosystem, or securing employment, which all require adjusting the composition of the fishing fleet. We develop a management plan that can be adapted to those objectives and allows the regulator to compare the long-run profits between the various management options. We apply the model to the case of Northeast Arctic cod, and estimate the cost and harvesting functions of various vessel types, the demand function, and a biological model to provide key insights regarding the optimal management of this valuable fish species. Text Arctic cod Northeast Arctic cod AgEcon Search - Research in Agricultural & Applied Economics |
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AgEcon Search - Research in Agricultural & Applied Economics |
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English |
description |
The objectives pursued by governments managing fisheries may include maximizing profits, minimizing the impact on the marine ecosystem, or securing employment, which all require adjusting the composition of the fishing fleet. We develop a management plan that can be adapted to those objectives and allows the regulator to compare the long-run profits between the various management options. We apply the model to the case of Northeast Arctic cod, and estimate the cost and harvesting functions of various vessel types, the demand function, and a biological model to provide key insights regarding the optimal management of this valuable fish species. |
format |
Text |
author |
Richter, Andries Eikeset, Anne Maria Stenseth, Nils Chr. van Soest, Daan P. |
spellingShingle |
Richter, Andries Eikeset, Anne Maria Stenseth, Nils Chr. van Soest, Daan P. Towards the Optimal Management of the Northeast Arctic Cod Fishery |
author_facet |
Richter, Andries Eikeset, Anne Maria Stenseth, Nils Chr. van Soest, Daan P. |
author_sort |
Richter, Andries |
title |
Towards the Optimal Management of the Northeast Arctic Cod Fishery |
title_short |
Towards the Optimal Management of the Northeast Arctic Cod Fishery |
title_full |
Towards the Optimal Management of the Northeast Arctic Cod Fishery |
title_fullStr |
Towards the Optimal Management of the Northeast Arctic Cod Fishery |
title_full_unstemmed |
Towards the Optimal Management of the Northeast Arctic Cod Fishery |
title_sort |
towards the optimal management of the northeast arctic cod fishery |
publishDate |
2017 |
url |
https://doi.org/10.22004/ag.econ.108249 http://ageconsearch.umn.edu/record/108249 https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf |
genre |
Arctic cod Northeast Arctic cod |
genre_facet |
Arctic cod Northeast Arctic cod |
op_source |
http://ageconsearch.umn.edu/record/108249 |
op_relation |
doi:10.22004/ag.econ.108249 https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf http://ageconsearch.umn.edu/record/108249 |
op_doi |
https://doi.org/10.22004/ag.econ.108249 |
_version_ |
1810294470788251648 |