Arnason, Ragnar; Sandal, Leif K.; Steinshamn, Stein Ivar; … - In: American Journal of Agricultural Economics 86 (2004) 2, pp. 531-542
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...
