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Filtering by: Keyword Fisheries technology Remove constraint Keyword: Fisheries technology Creator Arnason, Ragnar Remove constraint Creator: Arnason, Ragnar

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  • Stock and (possibly) path dependent technologies

    Creator:
    Arnason, Ragnar and Willmann, Rolf
    Abstract:
    According to conventional economic wisdom the economically more efficient technology will always outcompete the less efficient. This hypothesis has usually been taken to hold for the exploitation of common pool renewable natural resources such as fish stocks. This paper claims that, while this is not necessarily false, it may be...
    Resource Type:
    Research Paper
    Full Text:
    time, each operator in the fishery has adopted one of these technologies. This technology is among