Publications
NIBIOs employees contribute to several hundred scientific articles and research reports every year. You can browse or search in our collection which contains references and links to these publications as well as other research and dissemination activities. The collection is continously updated with new and historical material.
2011
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2010
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Authors
Helge BerglannAbstract
This article considers the use of a hybrid instrument to regulate .sheries, comparing this instrument with quantity control and linear taxation in regards to economic yields and the risk of resource deple- tion. Hybrid instruments have shown to be central in studies with static models but have hardly ever been explored in the context of dy- namic .sheries. A numerical example concerned with a single-species demersal .shery where the stock estimate is uncertain indicates that a combination of price and quantity control in the form of a strictly convex tax on landings is clearly superior to quantity control. When cost uncertainty is involved, it can also prove more e¢ cient than the price instrument.
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