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...

Full description

Bibliographic Details
Main Authors: Richter, Andries, Eikeset, Anne Maria, Stenseth, Nils Chr., van Soest, Daan P.
Format: Report
Language:unknown
Subjects:
Arctic
Arctic cod
Northeast Arctic cod
Online Access:https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf
id ftrepec:oai:RePEc:ags:feemcl:108249
record_format openpolar
spelling ftrepec:oai:RePEc:ags:feemcl:108249 2024-04-14T08:05:48+00:00 Towards the Optimal Management of the Northeast Arctic Cod Fishery Richter, Andries Eikeset, Anne Maria Stenseth, Nils Chr. van Soest, Daan P. https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf unknown https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf preprint ftrepec 2024-03-19T10:38:54Z 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. Environmental Economics and Policy Report Arctic cod Arctic Northeast Arctic cod RePEc (Research Papers in Economics) Arctic
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
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. Environmental Economics and Policy
format Report
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
url https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf
geographic Arctic
geographic_facet Arctic
genre Arctic cod
Arctic
Northeast Arctic cod
genre_facet Arctic cod
Arctic
Northeast Arctic cod
op_relation https://ageconsearch.umn.edu/record/108249/files/NDL2011-040.pdf
_version_ 1796302412921700352

Similar Items