Optimal Feedback Controls: Comparative Evaluation of the Cod Fisheries in Denmark, Iceland, and Norway

• Main Authors: Ragnar Arnason, Leif K. Sandal, Stein Ivar Steinshamn, Niels Vestergaard
• Format: Article in Journal/Newspaper
• Language: unknown
• Subjects: Norway; Tac; Iceland
• Online Access: http://hdl.handle.net/10.1111/j.0092-5853.2004.00597.x

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...