Essays on the Economics of Migratory Fish Stocks

Following the publication of seminal papers by professors H. S. Gordon in 1954 and A. D. Scott in 1955, active research has led to rapid progress in our understanding of the economics of fisheries. Fishing, however, is a complicated activity involving intricate interactions between man-made fishing capital and naturally produced fish sks in an inherently dynamic and shastic setting. Consequently, in spite of significant advances, important sections of fisheries economics remain largely unex...