Implicit and Explict Prices of Quotas in The Icelandic Fisheries

The paper documents the discrepancy between prices of permanent quotas traded directly between fishing firms and implicit price of quotas as reflected in the price of fishing firms that are publicly traded. An overview of earlier attempts to explain the discrepancy is given. It is suggested that pri...

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Bibliographic Details
Main Authors: Matthiasson, Thorolfur, Klemensson, Olafur
Format: Report
Language:English
unknown
Published: International Institute of Fisheries Economics and Trade
Subjects:
Fisheries > Economic aspects > Congresses
Sustainable Fisheries > Congresses
Iceland
Online Access:https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/4f16c4205
id ftoregonstate:ir.library.oregonstate.edu:4f16c4205
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spelling ftoregonstate:ir.library.oregonstate.edu:4f16c4205 2024-09-15T18:13:42+00:00 Implicit and Explict Prices of Quotas in The Icelandic Fisheries Matthiasson, Thorolfur Klemensson, Olafur https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/4f16c4205 English [eng] eng unknown International Institute of Fisheries Economics and Trade https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/4f16c4205 Copyright Not Evaluated Fisheries -- Economic aspects -- Congresses Sustainable Fisheries -- Congresses Research Paper ftoregonstate 2024-07-22T18:06:04Z The paper documents the discrepancy between prices of permanent quotas traded directly between fishing firms and implicit price of quotas as reflected in the price of fishing firms that are publicly traded. An overview of earlier attempts to explain the discrepancy is given. It is suggested that priceformation in market for permanents quotas and in the stock market is based on different principles. Finally it is observed that fishing firms that have been publicly traded are now being bought up and made private again. It is concluded that this is in line with the basic thesis of the paper and that ultimately no fishing firms will be publicly traded. Keywords: Fisheries Economics, Fisheries Management for Industrial Fisheries, quotas, Iceland Report Iceland ScholarsArchive@OSU (Oregon State University)
institution Open Polar
collection ScholarsArchive@OSU (Oregon State University)
op_collection_id ftoregonstate
language English
unknown
topic Fisheries -- Economic aspects -- Congresses
Sustainable Fisheries -- Congresses
spellingShingle Fisheries -- Economic aspects -- Congresses
Sustainable Fisheries -- Congresses
Matthiasson, Thorolfur
Klemensson, Olafur
Implicit and Explict Prices of Quotas in The Icelandic Fisheries
topic_facet Fisheries -- Economic aspects -- Congresses
Sustainable Fisheries -- Congresses
description The paper documents the discrepancy between prices of permanent quotas traded directly between fishing firms and implicit price of quotas as reflected in the price of fishing firms that are publicly traded. An overview of earlier attempts to explain the discrepancy is given. It is suggested that priceformation in market for permanents quotas and in the stock market is based on different principles. Finally it is observed that fishing firms that have been publicly traded are now being bought up and made private again. It is concluded that this is in line with the basic thesis of the paper and that ultimately no fishing firms will be publicly traded. Keywords: Fisheries Economics, Fisheries Management for Industrial Fisheries, quotas, Iceland
format Report
author Matthiasson, Thorolfur
Klemensson, Olafur
author_facet Matthiasson, Thorolfur
Klemensson, Olafur
author_sort Matthiasson, Thorolfur
title Implicit and Explict Prices of Quotas in The Icelandic Fisheries
title_short Implicit and Explict Prices of Quotas in The Icelandic Fisheries
title_full Implicit and Explict Prices of Quotas in The Icelandic Fisheries
title_fullStr Implicit and Explict Prices of Quotas in The Icelandic Fisheries
title_full_unstemmed Implicit and Explict Prices of Quotas in The Icelandic Fisheries
title_sort implicit and explict prices of quotas in the icelandic fisheries
publisher International Institute of Fisheries Economics and Trade
url https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/4f16c4205
genre Iceland
genre_facet Iceland
op_relation https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/4f16c4205
op_rights Copyright Not Evaluated
_version_ 1810451468049711104

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