Matulich, Scott C.; Sever, Murat; Inaba, Fred - 2000
Pacific pollock fishery, without the overt appearance of allocating permanent property rights to a public resource. The Act … of fishery cooperatives to advance voluntary decapitilisation and rationalisation that Congress intended to benefit both … the Act introduces a new market failure while attempting to rid the fishery of the open access externality. It is further …