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Full Description
A true landmark publication, Advances in Fisheries Economics brings together many of the world's leading fisheries economists to authoritatively cover the many issues facing the field of fisheries economics and management today.
Compiled in honour of the work and achievements of Professor Gordon Munro of the University of British Columbia, Canada, this exceptional volume of research serves as both a valuable reference tool and fitting tribute to a man whose work has shaped the discipline.
Divided into four sections, the text includes coverage of:
Property Rights and Fisheries Management
Capital Theory and Natural Resources
Game Theory and International Fisheries
Applied Fisheries Economics and Management
The book is an important addition to the resources of all fisheries economists, managers, scientists and fish biologists. Libraries in universities and research establishments where these subjects are studied and taught should have copies on their shelves.
Contents
Preface vii
Acknowledgements viii
Tabula Gratulatoria x
Chapter 1 On the Contributions of Professor G.R. Munro to Economics 1
T. Bjørndal and D.V. Gordon
Section 1 Property Rights and Fisheries Management
Chapter 2 Phases in the Evolution of Property in Sea Fisheries 17
A. Scott
Chapter 3 Property Rights Quality and the Economic Efficiency of Fisheries Management Regimes: Some Basic Results 32
R. Arnason
Chapter 4 Resolving the Class II Common Property Problem: The Case of the BC Groundfish Trawl Fishery 59
R.Q. Grafton, H.W. Nelson and B. Turris
Chapter 5 Auctions of IFQs as a Means to Share the Rent 74
D.D. Huppert
Chapter 6 Shadow Prices for Fishing Quotas: Fishing with Econometrics 87
D. Dupont and D.V. Gordon
Section 2 Capital Theory and Natural Resources
Chapter 7 Rational Expectations and Fisheries Management 109
C.W. Clark
Chapter 8 Linking Natural Capital and Physical Capital: A Review of Natural Resource Investment Models 119
A. Charles
Chapter 9 Fisheries Management with Stock Uncertainty and Costly Capital Adjustment 137
M. Doyle, R. Singh and Q. Weninger
Section 3 Game Theory and International Fisheries
Chapter 10 The Incomplete Information Stochastic Split-Stream Model: An Overview 159
R. McKelvey, P.V. Golubtsov, G. Cripe and K.A. Miller
Chapter 11 Coalition Games in Fisheries Economics 184
M. Lindroos, V. Kaitala and L.G. Kronbak
Chapter 12 Incentive Compatibility of Fish-Sharing Agreements 196
R. Hannesson
Chapter 13 Fish Stew: Uncertainty, Conflicting Interests and Climate Regime Shifts 207
K.A. Miller
Chapter 14 A Dynamic Gameon Renewable Natural Resource Exploitation and Markov Perfect Equilibrium 222
S. Kobayashi
Section 4 Applied Fisheries Economics and Management
Chapter 15 The Roleof the Fishing Industry in the Icelandic Economy 239
S. Agnarsson and R. Arnason
Chapter 16 Factor Use and Productivity Change in a Rights-Based Fishery 257
B.M.H. Sharp and C. Batstone
Chapter 17 Scientific Uncertainty and Fisheries Management 270
W.E. Schrank and G. Pontecorvo
Chapter 18 Spatial-Temporal Assessment Analysis with Application to the Scotia-Fundy Herring Fishery 283
D.E. Lane
Authors 304
Index 305
