|
AgEcon Search >
Marine Resource Economics >
Volume 06, Number 2, 1989 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/48509
|
| Title: | Regulation of Stochastic Fisheries: A Comparison of Alternative Methods in the Pacific Halibut Fishery |
| Authors: | Androkovich, Robert A.
Stollery, Kenneth R. |
| Issue Date: | 1989 |
| Series/Report no.: | Marine Resource Economics
Vol. 6 No. 2 |
| Abstract: | This article considers the relative merits of ad valorem taxation, season controls, and entry limitation as methods the government may use to deal with the externality problem in the Pacific halibut fishery. This is accomplished by simulating a stochastic dynamic program that uses parameters obtained from empirical analysis of this fishery. Although we find taxation to be the preferred regulatory instrument, the efficiency gains from regulation are minor when compared with the losses associated with the demand, output, and stock uncertainty in the fishery. |
| URI: | http://purl.umn.edu/48509 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 06, Number 2, 1989 |
| Total Pages: | 14 |
| From Page: | 109 |
| To Page: | 122 |
| Collections: | Volume 06, Number 2, 1989
|
Files in This Item:
| File |
Description |
Size | Format |
|---|
| 8175822.pdf | | 804Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
