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Title:Towards the optimal management of the Northeast Arctic cod fishery PDF Logo
Authors:Richter, Andries
Eikeset, Anne Maria
Soest, Daan van
Stenseth, Nils Chr.
Issue Date:2011
Series/Report no.:Nota di lavoro // Fondazione Eni Enrico Mattei: Climate Change and Sustainable Development Series 40.2011
Abstract:The objectives pursued by governments managing fisheries may include maximizing profits, minimizing the impact on the marine ecosystem, or securing employment, which all require adjusting the composition of the fishing fleet. We develop a management plan that can be adapted to those objectives and allows the regulator to compare the long-run profits between the various management options. We apply the model to the case of Northeast Arctic cod, and estimate the cost and harvesting functions of various vessel types, the demand function, and a biological model to provide key insights regarding the optimal management of this valuable fish species.
Subjects:Northeast Arctic Cod
Norway
Production Functions
Harvest Control Rule
Fleet Structure
Multiple Objectives
JEL:C10
Q21
Q22
Q28
Document Type:Working Paper
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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