Optimal management under institutional constraints: determining a total allowable catch for different fleet segments in the Northeast Arctic cod fishery
Many real world fisheries have an individual vessel quota system with restrictions on transferability of quota or entrance of new vessels into the fishery. While the standard economic reasoning is that these institutional constraints lead to welfare losses, the size of those losses and optimal secon...
| Published in: | Environmental and Resource Economics |
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| Main Authors: | , , , , |
| Format: | Article in Journal/Newspaper |
| Language: | English |
| Published: |
2018
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| Subjects: | |
| Online Access: | https://opus.bibliothek.uni-augsburg.de/opus4/frontdoor/index/index/docId/103923 https://nbn-resolving.org/urn:nbn:de:bvb:384-opus4-1039231 https://doi.org/10.1007/s10640-016-0106-3 https://opus.bibliothek.uni-augsburg.de/opus4/files/103923/103923.pdf |