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Volume 02, Number 1, 1985 >
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|Title: ||Optimal Capacity Decisions in a Developing Fishery|
|Authors: ||Clark, Colin W.|
Charles, Anthony T.
Beddington, John R.
|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.|
|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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