Variable Quotas, Irreversible Investment and Optimal Capacity in the Fisheries
We study the adaptation of a fishing fleet to a situation involving variable quotas of catch and irreversible investment. The theoretical results obtained here are applied to Norwegian industrial fisheries.
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Norwegian Society of Automatic Control
1986-04-01
|
| Series: | Modeling, Identification and Control |
| Subjects: | |
| Online Access: | http://www.mic-journal.no/PDF/1986/MIC-1986-2-4.pdf |