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Marine Resource Economics >
Volume 05, Number 3, 1988 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/48461
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| Title: | Relative Efficiency of Charges and Quantity Controls in Fisheries with Continuous Stock Growth and Periodically Fixed Instrument Levels |
| Authors: | Anderson, Eric E. |
| Issue Date: | 1988 |
| Series/Report no.: | Marine Resource Economics
Vol. 5 No. 3 |
| Abstract: | This article presents a simple combination discrete-time/continuous-time model that incorporates continuous population dynamics and fishing activity together with periodic, rather than continuous, instrument adjustment into the decision process for choosing the optimal type and level of regulatory instrument. A per-unit tax and an allocated instantaneous harvest rate quota each drive the system along different time paths, and each results in a different present value of the stream of net
benefits generated by harvesting the resource. The choice of instruments is fishery specific; it depends on the parameter values of the fishery in question. |
| URI: | http://purl.umn.edu/48461 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 05, Number 3, 1988 |
| Total Pages: | 16 |
| From Page: | 215 |
| To Page: | 230 |
| Collections: | Volume 05, Number 3, 1988
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| 8175784.pdf | | 3862Kb | PDF | View/Open |
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