Restoring a Fish Stock: A Dynamic Bankruptcy Problem

Total Allowable Catch (TAC) regulating schemes have been introduced in most fisheries. TAC distribution following the Proportional rule, based on historical catches, implies that harvesters, or vessel groups, who have captured more in the past and contributed to overfishing are getting greater quota...

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Bibliographic Details
Main Authors: Elena Inarra, Anders Skonhoft
Other Authors: The Pennsylvania State University CiteSeerX Archives
Format: Text
Language:English
Subjects:
Tac
Online Access:http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.524.3374
http://www.iamz.ciheam.org/GTP2006/FinalpapersGTP2006/18final.pdf