Showing 1 - 10 of 13
on mangrove-shrimp production linkages in Campeche State, Mexico. We develop an open access fishery model to account … important and essential input into the Campeche shrimp fishery, but that low levels of deforestation between 1980 and 1990 mean … that the resulting losses to the shrimp fishery are still comparatively small. Over-exploitation of the fishery due to open …
Persistent link: https://www.econbiz.de/10011608326
Existing models of open-access resources are applicable to non-storable resources, such as fish. Many open-access resources, however, are used to produce storable goods. Elephants, rhinos, and tigers are three prominent examples. Anticipated future scarcity of these resources will increase...
Persistent link: https://www.econbiz.de/10011608358
We consider a robust control model for a spatially distributed commercial fishery under uncertainty, and in particular …
Persistent link: https://www.econbiz.de/10010294299
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 …
Persistent link: https://www.econbiz.de/10011608638
that could be taken into account by the RFMO managing this fishery, and to investigate some of the policy implications. …
Persistent link: https://www.econbiz.de/10011324939
-entry fishery. Because exit from limited-entry fisheries may be irreversible, the fisherman has an incentive to maintain the right … to fish (whether by actually fishing or by purchasing an annual license) even when the fishery is not profitable, in the … catch) real options model of the decision problem faced by an active fisherman who has the option to exit a fishery …
Persistent link: https://www.econbiz.de/10011324981
We develop and apply a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework (Becker 1965), and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...
Persistent link: https://www.econbiz.de/10011325088
Coral reefs may naturally flip between coral-dominated and algae-dominated states, when species' stocks trespass some threshold levels. This essay uses a stylized model of a coral reef to show how fishing may induce flips towards more algae-dominated states. Threshold effects have consequences...
Persistent link: https://www.econbiz.de/10011325138
uncertainty on the evolution of the resource stock or on demand conditions. In this paper the fishery management problem is …
Persistent link: https://www.econbiz.de/10011325140
This paper examines how non-binding co-operative agreements on marine fisheries management can be sustained when management plans in participating countries are implemented with error. The effects of implementation uncertainty on voluntary co-operation are compared to those of recruitment...
Persistent link: https://www.econbiz.de/10011325146