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• 1. [Article] International Management Strategies for a Migratory Fish Stock: A Bio-economic Simulation Model of the Norwegian Spring-spawning Herring Fishery

  In this paper, a three-country dynamic bio-economic model is presented and used to simulate catch levels, stock size and profit potential of alternative management strategies for the Norwegian spring-spawning ...

  Citation × Citation Citation Abstract Copy Title: International Management Strategies for a Migratory Fish Stock: A Bio-economic Simulation Model of the Norwegian Spring-spawning Herring Fishery Author: Gordon, Daniel V., Bjorndal, Trond, Lindroos, Marko, Kaitala, Veijo Year: 2001 In this paper, a three-country dynamic bio-economic model is presented and used to simulate catch levels, stock size and profit potential of alternative management strategies for the Norwegian spring-spawning herring fishery. Management of the herring fishery is complicated by the migratory behaviour of the species moving between coastal state zones and the high seas. The biological model is described by a discrete time age structured model and the economic model is described by a rent maximising model with constant price of herring and different costs of harvesting and efficiency levels for the different national fleets. The simulations are carried out over a 70-year period and show that the benefits of international cooperation far exceed the returns of a competitive open access fishery. Title: International Management Strategies for a Migratory Fish Stock: A Bio-economic Simulation Model of the Norwegian Spring-spawning Herring Fishery Author: Gordon, Daniel V., Bjorndal, Trond, Lindroos, Marko, Kaitala, Veijo Year: 2001 In this paper, a three-country dynamic bio-economic model is presented and used to simulate catch levels, stock size and profit potential of alternative management strategies for the Norwegian spring-spawning herring fishery. Management of the herring fishery is complicated by the migratory behaviour of the species moving between coastal state zones and the high seas. The biological model is described by a discrete time age structured model and the economic model is described by a rent maximising model with constant price of herring and different costs of harvesting and efficiency levels for the different national fleets. The simulations are carried out over a 70-year period and show that the benefits of international cooperation far exceed the returns of a competitive open access fishery. Close