Fisheries economics stand on the cusp of potentially sizeable changes in orientation and
policy focus, leading in turn to comparable changes in modeling and general analysis …

The economic efficiencies of the Danish, Icelandic, and Norwegian cod fisheries are
examined. For this purpose, nonlinear aggregate models of these fisheries are constructed …

The paper examines howan easy‐to‐apply optimal feedback rule can be used to solve for
optimal levels of exploitation of a renewable resource. Using data from Canada's northern …

Harvest control rules (HCRs) have been implemented for many fisheries worldwide.
However, in most instances, those HCRs are not based on the explicit feedbacks between …

Analytical expressions for optimal harvest of a renewable resource stock which is subject to
a stochastic process are found. These expressions give the optimal harvest as an explicit …

Many biological and economic processes in fisheries occur seasonally though most of the
extant literature tends to neglect periodicity. This work is an attempt to treat seasonality in a …

We analyze a continuous, nonlinear bioeconomic model to demonstrate how stochasticity in
the growth of fish stocks affects the optimal exploitation policy when prices are stochastic …

The benefits of individual vessel quota (IVQ) management in terms of improved harvest
strategy and profitability are well recognized, but there is less focus on how different …

Optimal exploitation of a renewable capital stock is derived as a feedback rule for a general
dynamic optimization problem with a single resource. By a feedback rule is meant that …

The Intergovernmental Panel on Climate Change (IPCC) predicts a substantial warming of
the earth's atmosphere during the current and the next century. This warming, if it occurs, is …