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Marine Resource Economics >
Volume 02, Number 4, 1986 >
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http://purl.umn.edu/47810
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| Title: | Optimal Fleet Size When National Quotas Can Be Traded |
| Authors: | Wallace, Stein W. Brekke, Karl |
| Issue Date: | 1986 |
| Series/Report no.: | Marine Resource Economics Vol. 2 No. 4 |
| Abstract: | Assuming stochastic quotas for a fish stock that is shared between two nations, we find the optimal fleet size for one of them by maximizing expected profit under the assumption that national quotas can be traded and that stable national quotas
is a political goal. As an example we use the Norwegian purse seiner fleet and the summer capelin fishery in the Barents Sea. |
| URI: | http://purl.umn.edu/47810 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 02, Number 4, 1986 |
| Total Pages: | 15 |
| From Page: | 315 |
| To Page: | 329 |
| Collections: | Volume 02, Number 4, 1986
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