Landing Fees vs Harvest Quotas with Uncertain Fish Stocks

By Martin Weitzman. 2002

195 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Global and Planetary Change, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/490c283a9ca59bfb861237e03ab17d1b0f7b2000

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Global and Planetary Change

In Management Science and Operations Research

Citations in the corpus

Catch-quota balancing in multispecies individual fishing quotas (2006, background): “…exceed 10 38 An interesting research question is to adapt the single species analysis investigating the use of quantity or price instruments for fisheries (Weitzman 2002, Hannesson and Kennedy 2004) to the mutlti-species context with target and bycatch stocks with multiple types of uncertainties.”
Public Benefits, Private Benefits, and Policy Mechanism Choice for Land-Use Change for Environmental Benefits (2008, unknown): “There have been many studies in which analysts have compared choices between broadly similar policy instruments, such as between emission standards, tradeable permits, and emission taxes (e.g., Aidt and Dutta 2004; Bruneau 2004; Jensen and Vestergaard 2003; Weitzman 2002).”
Fishery Management Under Multiple Uncertainty (2004, unknown): “There exists a large economic and biological modeling literature addressing management of renewable resources under uncertainty (Reed 1978; Clark and Kirkwood 1986; Roughgarden and Smith 1996; Costello, Polasky, and Solow 2001; Weitzman 2002).”
Optimal harvesting of stochastic spatial resources (2008, background): “In such cases, a spatially heterogeneous tax could be used to achieve the optimal escapement levels [49].”
Uncertainty in Environmental Economics (2007, background): “Weitzman (2002) shows that, even with severe stochastic fluctuations in the resource stock, landing fees dominate quotas as a policy instrument. the first and second of these three aspects of long-horizon uncertainty, so I will focus here on the third aspect—the fact that discount rate uncertainty…”
Regulating Stock Externalities Under Uncertainty (2003, unknown): “A recent exception is Weitzman [35], which finds that in the presence of recurrent ecological uncertainty in fish stocks, landing fees unambiguously dominate harvest quotas.”