STOCK AND CONGESTION EXTERNALITIES IN THE FISHERY: THE CASE OF THE GEORGES BANK SCALLOP

Estimation of U.S. and Canadian yield functions in a bioeconomic model of the Georges Bank scallop fishery indicated stock and congestion externalities. The latter resulted in nonconcavity of the combined yield function, thus generating the possibility of steady-state corner solutions where one nation would be eliminated from the fishery.


Issue Date:
1976-08
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/284006
Language:
English
Total Pages:
17




 Record created 2019-02-22, last modified 2020-10-28

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)