Kirkley, James E.; Squires, Dale; Alam, Mohammad Ferdous; … - In: American Journal of Agricultural Economics 85 (2003) 3, pp. 647-662
Excess capacity poses a problem in many developing country fisheries. These countries often pursue a development strategy aimed at expanding capacity under open access. Sustainable development, however, requires management. Principal-agent issues from asymmetric information between the regulator...