Environmental and Resource Economics

, Volume 59, Issue 2, pp 257–274 | Cite as

Pulse Fishing and Stock Uncertainty

  • José-María Da-Rocha
  • Linda Nøstbakken
  • Marcos Pérez
Article

Abstract

Large variation in stock dynamics affects the accuracy of stock estimates, which fisheries managers rely on when determining quotas and other regulations. The purpose of this paper is to investigate the implications of uncertainty on pulse fishing. We show that as the variance of the random natural fluctuations increases, the optimal pulse length decreases and converge toward a constant-escapement policy. Hence, in fisheries with large natural variability, a constant-escapement policy is a good approximation of the optimal policy.

Keywords

Bioeconomic modeling Fisheries management Uncertainty Pulse fishing 

JEL Classification

Q0 Q22 C61 

Supplementary material

10640_2013_9727_MOESM1_ESM.pdf (15 kb)
Supplementary material 1 (pdf 14 KB)

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Copyright information

© Springer Science+Business Media Dordrecht 2013

Authors and Affiliations

  • José-María Da-Rocha
    • 1
    • 2
  • Linda Nøstbakken
    • 3
  • Marcos Pérez
    • 4
  1. 1.Facultad CC. EconómicasRGEA-Universidade de VigoVigoSpain
  2. 2.ITAM-Instituto Tecnológico Autònomo de MéxicoMexico CityMexico
  3. 3.Department of EconomicsNorwegian School of Economics (NHH)BergenNorway
  4. 4.Facultad CC. EconómicasUniversidade de VigoVigoSpain

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