Multiannual adjustment of fish quota: growth uncertainty and management costs

D. Dijk, R. Haijema, E.M.T. Hendrix, R. Groeneveld, E.C. van Ierland

Research output: Working paperAcademic

Abstract

North Sea fisheries are management by the European Union (EU) through a system of annual quota. Due to uncertainty about future fish stocks, yearly revisions of these policies lead to fluctuation in quota, which in turn affects harvest and investment decisions of fishermen.
Original languageEnglish
Place of PublicationWageningen
PublisherWageningen University
Publication statusPublished - 2012

Publication series

NameWASS Working paper
PublisherWageningen School of Social Sciences
No.5

Keywords

  • fishery management
  • fishery policy
  • quotas
  • dynamic programming

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