MARKET RENT DISSIPATION IN REGULATED OPEN ACCESS FISHERIES
Frances Homans and
No 21878, 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Using a new model of markets in regulated open access resources, we illustrate the evolution of a fishery as demand for the product grows. We show that increased demand for fish in its fresh form shortens the fishing season and leads to the development of a market for processed fish. The model allows us to calculate the rent gains from rationalizing the fishery, and we show that much of the rent gains come on the market side as the season lengthens and more fish can be delivered to the higher-valued fresh market.
Keywords: Resource; /Energy; Economics; and; Policy (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea00:21878
Access Statistics for this paper
More papers in 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().