| Authors |
Koundouri, P. and Laukkanen, M. |
| Title |
Stochastic Production in a Regulated Fishery:The Importance of Risk Considerations |
| Abstract |
In this paper we address the implications of production risk for controlling fishing effort in a regulated fishery in a framework where fishers maximize expected utility of profit. We focus on controlling effort through season closures that limit the number of days the fishery is open to harvest each year. |
| Publication Status |
Published in Econometrics Informing Natural Resources Management Selected Empirical Analyses |
| Keywords |
stochastic production; fishery; risk |
| File |
Phoebe_Marita.pdf (127967 bytes) |
| File-Function |
First version |
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Copyright © 2009 [D.I.E.S.S. A.U.E.B.]. All rights reserved.
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