The declining price anomaly for sequential sales of identical commodities challenges auction theory which predicts constant prices within a day. Among hypotheses explaining the phenomenon stands the dual value of goods including a risk premium in early transactions. We consider that asymmetric bidder groups and shortage periods may also affect...
Over the past century, the tuna canning industry has been dominated by a few big companies, some of
them having changed of ownership or merged: these oligopolistic firms are the “big three” in the USA,
Van Camp, Star Kist, and Bumble Bee, the French Saupiquet, the Italian Trinity Alimentari and...
As compared to other countries, France has been involved very lately in the discussion about fisheries ecolabelling. Reluctant to adopt the existing ecolabels, the professional organisations, the Ministry of
food, agriculture and fisheries and the European Commission itself tend to create their own label guidelines to take into consideration other...
Methodological difficulties, particularly when multifleet-multispecies fisheries are active, explain pro parte a weak research effort on the socio-economic impact of fishery activities after the implementation of a marine protected area. Two components of the socio-economic impact have been prioritized: the fishing unit profitability and the fishery household income distribution by...
Seabream is the most important farmed species in the Mediterranean region, and Spain is the largest market. A key question for this industry is to assess the way in which negotiation power is distributed along the value chain. Price transmission is studied by analyzing market integration between different levels of...
The object of this paper is to sound out the perception of economic agents on the regulatory mechanisms
presently in force, and on others which are possible (fishing rights), with the objective of analysing the questions posed in
the case of Galicia, Spain. We characterise in the first place the...
It is widely believed that there have been significant levels of cod landed from the North Sea over and
above permitted quota levels in recent years as the TAC and quota system of the Common Fisheries
Policy has squeezed the fishing opportunities of EU fleets in an attempt to conserve...
In this paper, a new test for causality in demand on markets supplied by both farmed and captured fish is
presented. This method is applied on markets for trout and potential substitutes imported to Germany, to
identify market delineation and causality in demand. It is found that markets for small...