Efficiency analysis in fisheries is not uncommon. In the past, efficiency analysis has mainly focused on productivity, cost and revenue, with relatively few investigating profit efficiency. Negative profits and small sample sizes in fisheries have been some of the obstacles diverting attention...

Efficiency analysis in fisheries is not uncommon. In the past, efficiency analysis has mainly focused on productivity, cost and revenue, with relatively few investigating profit efficiency. Negative profits and small sample sizes in fisheries have been some of the obstacles diverting attention...

We investigate the effects of incorporating a fixed input on equilibrium profits and biomass. We first set up a theoretical model with an input that is fixed in the short-run (vessel size) but that can be used with a variable input at suboptimal capacity. We use this model to get predictions for...

We investigate the effects of incorporating a fixed input on equilibrium profits and biomass. We first set up a theoretical model with an input that is fixed in the short-run (vessel size) but that can be used with a variable input at suboptimal capacity. We use this model to get predictions for...