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Please use this identifier to cite or link to this item: http://purl.umn.edu/47810

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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