Landing Fees versus Fish Quotas

Rögnvaldur Hannesson and John Kenned

Land Economics, 2005, vol. 81, issue 4

Abstract: The relative efficiency of landing fees versus quota controls to achieve given escapement levels is examined. The criterion is profit per year over a given time horizon. The model employed is a discrete version of the logistic model where growth is influenced by a random variable. Simulations are used to compare landing fees and quota controls under imprecise stock estimates, variable availability of fish, and random fish prices. While ecological uncertainty combined with imprecise stock estimates favors fee control, as shown byWeitzman, the opposite can be the case under uncertainty about the availability of fish or fish price.

JEL-codes: Q22 Q28 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://le.uwpress.org/cgi/reprint/81/4/518
A subscription is required to access pdf files. Pay per article is available.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uwp:landec:v:81:y:2005:i:4:p518-529

Access Statistics for this article

More articles in Land Economics from University of Wisconsin Press
Bibliographic data for series maintained by ().