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Please use this identifier to cite or link to this item: http://purl.umn.edu/47743

Title: Optimal Capacity Decisions in a Developing Fishery
Authors: Clark, Colin W.
Charles, Anthony T.
Beddington, John R.
Mangel, Marc
Issue Date: 1985
Series/Report no.: Marine Resource Economics
Vol. 2 No. 1
Abstract: The problem of estimating optimal fishing capacity for a developing fishery is discussed, using the methods of Bayesian decision analysis. The results obtained indicate that quite good decisions can often be made on the basis of limited prior information as to fish stock productivity, particularly if a conservative approach allowing for subsequent increases in capacity is employed.
URI: http://purl.umn.edu/47743
Identifiers: 0738-1360
Institution/Association: Marine Resource Economics>Volume 02, Number 1, 1985
Total Pages: 29
From Page: 25
To Page: 53
Collections:Volume 02, Number 1, 1985

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