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  • The mixed bless of modern fishing technology

    Creator:
    Skonhoft, Anders
    Abstract:
    This paper formulates a simple biomass growth model of a fishery. The property rights regime is of the unregulated local common property type with a fixed number of fishermen and where the fish stock is exploited in a myopic profit-maximizing manner. Within this resource management setting it is demonstrated that...
    Resource Type:
    Research Paper
    Full Text:
    profitability of a fishery. Modern fishing technology includes larger and better-equipped boats, use of new