639.3 /H.B
Bioeconomic Analysis of Fisheries
By
R. Hannesson
Contents
1 – Introduction
- How a market economy works
- Market failure
2 - The Economic Theory of Fisheries
- Surplus growth and naturaequilibrium
- The concept of fishing effort
- Revenue, cost, profit and rent
- The free-access fishery
- The social objective of fishing
- The Sustainable yield curve
- Optimum Exploitation of fish stocks: static, dynamic and stochastic models
- Optimum exploitation of fish stocks and free-access equilibrium
3 – Applied Fishery Models
- General remarks
- The Schaefer model
- The Ricker model
- The Beverton – Holt mode
4 – Fluctuations in Fish Stocks
- Introductory remarks
- Stable or variable catches?
- Optimum capacity with random catch quotas
5 – Methods of Fisheries Management
- Property rights to fish stocks
- Why government regulation often fails
- Characteristics of efficient management
- Indirect control through a tax on landings or effort
- Control of fishing capacity and effort
- Control of the Catch
- Transferable quotas
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