Fisher behavior can be divided into choices made in the short term (i.e. tactics) and choices made in the long-mid term (i.e. strategies). Random utility modeling (RUM) is well suited for the empirical analysis of these issues. In this paper, RUM is applied to a number of EU fisheries in...
The shrimp fishery accounts for more than one-half of the total revenues generated by commercial fishing activities in the U.S. Gulf of Mexico. Due to its historical open access nature the harvesting sector has historically been overcapitalized (from an economic perspective) resulting in a suboptimal generation of rents. Various management...