Management of complex fisheries: lessons learned from a simulation model
Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
Standard
Management of complex fisheries : lessons learned from a simulation model. / Frost, Hans Staby; Andersen, Peder; Hoff, Ayoe.
I: Canadian Journal of Agricultural Economics / Revue canadienne d'agroeconomie, Bind 61, Nr. 2, 2013, s. 283-307.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
Harvard
APA
Vancouver
Author
Bibtex
}
RIS
TY - JOUR
T1 - Management of complex fisheries
T2 - lessons learned from a simulation model
AU - Frost, Hans Staby
AU - Andersen, Peder
AU - Hoff, Ayoe
PY - 2013
Y1 - 2013
N2 - The purpose of this paper is to demonstrate how fisheries economics management issues or problems can be analyzed by using a complex model based on conventional bioeconomic theory. Complex simulation models contain a number of details that make them suitable for practical management advice, including taking into account the response of the fishermen to implemented management measures. To demonstrate the use of complex management models this paper assesses a number of second best management schemes against a first rank optimum (FRO), an ideal individual transferable quotas (ITQ) system. This is defined as the management scheme which produces the highest net present value over a 25 year period. The assessed management schemes (scenarios) are composed by several measures as used in the Common Fisheries Policy of the European Union for the cod fishery in the Baltic Sea. The scenarios are total allowable catches in combination with entry restrictions, and maximum number of days at sea in combination with entry restrictions. These two scenarios are assessed under assumptions of no cooperative behavior and cooperative behavior, and compliance and noncompliance with various management restrictions. Apart from showing the magnitude of the resource rent, the impact on fleet structure and the adjustment paths is shown. The result is that the resource rent gained from these second best management schemes is lower than FRO, the ideal ITQ system, but may in practice not be so different.
AB - The purpose of this paper is to demonstrate how fisheries economics management issues or problems can be analyzed by using a complex model based on conventional bioeconomic theory. Complex simulation models contain a number of details that make them suitable for practical management advice, including taking into account the response of the fishermen to implemented management measures. To demonstrate the use of complex management models this paper assesses a number of second best management schemes against a first rank optimum (FRO), an ideal individual transferable quotas (ITQ) system. This is defined as the management scheme which produces the highest net present value over a 25 year period. The assessed management schemes (scenarios) are composed by several measures as used in the Common Fisheries Policy of the European Union for the cod fishery in the Baltic Sea. The scenarios are total allowable catches in combination with entry restrictions, and maximum number of days at sea in combination with entry restrictions. These two scenarios are assessed under assumptions of no cooperative behavior and cooperative behavior, and compliance and noncompliance with various management restrictions. Apart from showing the magnitude of the resource rent, the impact on fleet structure and the adjustment paths is shown. The result is that the resource rent gained from these second best management schemes is lower than FRO, the ideal ITQ system, but may in practice not be so different.
U2 - 10.1111/cjag.12014
DO - 10.1111/cjag.12014
M3 - Journal article
VL - 61
SP - 283
EP - 307
JO - Canadian Journal of Agricultural Economics
JF - Canadian Journal of Agricultural Economics
SN - 0008-3976
IS - 2
ER -
ID: 45845213