ÖFSE was commissioned by the BOKU to undertake an impact assessment of the "Education and Research Hub for the Sustainable Management of Aquatic Ecosystems in Eastern Africa (AQUAHUB)" project. The assessment was supposed to cover the whole project period from 1975 to 2021, when AQUAHUB was...

Introduction to the Application of Game Theory in Fisheries Management -- Basic concepts in game theory -- Introduction to Non-cooperative Fisheries Games -- Two-Player Cooperative Games -- Cooperative Games in Fisheries with more than two Players -- Non-cooperative Coalition Formation Games in...

William Forster Lloyd's 1833 sketch about poor cattle on the commons and the well-fed animals on the adjacent enclosures published in his 'Two lectures on the checks to population' has hitherto been assessed as one starting point of the economics of renewable resources. In the 20th century the...

William Forster Lloyd's 1833 sketch about poor cattle on the commons and the well-fed animals on the adjacent enclosures published in his 'Two lectures on the checks to population' has hitherto been assessed as one starting point of the economics of renewable resources. In the 20th century the...

William Forster Lloyd's 1833 sketch about poor cattle on the commons and the well-fed animals on the adjacent enclosures published in his "Two lectures on the checks to population" has hitherto been assessed as one starting point of the economics of renewable resources. In the 20th century the...

A deep reading of Hardin (1968) reveals that he had a lot more to say about the use and regulation of resources such as fisheries than he is given credit for in the literature. It appears that he is typically cited just so that authors can use the phrase “tragedy of the commons” to invoke...

This paper develops two fisheries models in order to estimate the effect of global warming (GW) on firm value. GW is defined as an increase in the average temperature of the earth's surface because of CO₂ emissions. It is assumed that (i) GW exists, and (ii) higher temperatures negatively...

This dissertation examines three themes of efficiency in fisheries economics and management.The first theme is intertemporal efficiency; by examining fishery managementproblems within a stochastic bioeconomic model, the tradeoffs between current and futureconsumption are clear. The second theme...

Analytical results for steady-state values of the biomass that maximises the sum of inter-temporal economic profits (dynamic bMEY) are derived in terms of a generalised harvesting function. The conditions under which dynamic bMEY exceeds the biomass that maximises the sustained yield (bMSY) are...

Under the rubric of sustainable fisheries, nations are mandated to rebuild overfished stocks. Although rebuilding strategies are almost universally directed by the available biological information, approaches vary depending on fishery laws, management objectives, and technical guidelines. For...

This paper reviews the impact of articles published in the Marine Resource Economics and within the field of fisheries economics in general over the period 1954-2004. Specific attention is given to the years 1984-2004, which is the period that Marine Resource Economics have been published. The...

Many of the world.s fish stocks are considered to be in need of rebuilding. In response, global agreements, including UNCLOS, have sought to adopt some (optimal) level of fish biomass, usually the level associated with the maximum sustainable yield (MSY). While establishing a sustainable level...

The literature on game theory and fisheries is reviewed, beginning with the initial papers from the late 1970s on cooperative and noncooperative games. Later developments considered repeated games and trigger strategies as well as the stability of coalitions. It is argued that the latter...

Fisheries management is complicated in nearly all cases by a high degree of uncertainty about the current state and expected growth of fish stocks and about the economic and social factors that affect the desirable harvest levels. Even for fisheries with excellent data collection programs,...

The Northeast Arctic cod is one of the few fish stocks with a long time series of landings, stock size, recruitment and rate of exploitation. This paper discusses how this stock and the catches it supports have developed since 1900. Both catches and the stock increased from 1900 until after the...

The English Channel fishery is a multispecies multigear fishery that can be considered to be an amalgam of numerous separate sub-fisheries. Commercial activity in the fishery is predominantly undertaken by fishers from the UK and France. The purpose in this paper is to present the results of a...

This paper examines the economics of catch discarding in fisheries. To study this issue a simple dynamic fisheries model is constructed. On the basis of this model it is demonstrated that in a differentiated fishery discarding of catch may be socially optimal. The paper goes on to show that...

In this study we analyse the role of the storageregulation in a fishery's production process when theresource exploited and the market to which theproduction is exported are characterized by seasonaldephased oscillations. For this purpose we built up adynamic model drawn from the French Guyana...

This paper discusses long-term equilibrium in a fishery managed by individual transferable quotas. Rising prices or falling capital costs become capitalized in a higher value of quotas, implying higher capital costs for holding quotas. This may in fact reduce the size of each firm and lead to...