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Decentralized regulation of a common property renewable resource industry with irreversible investment

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  • McKelvey, Robert
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    File URL: http://www.sciencedirect.com/science/article/B6WJ6-4CYH12N-5G/2/314c3c5e8a7b1a8fb9fbea3ee406e866
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Environmental Economics and Management.

    Volume (Year): 12 (1985)
    Issue (Month): 4 (December)
    Pages: 287-307

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    Handle: RePEc:eee:jeeman:v:12:y:1985:i:4:p:287-307

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    Web page: http://www.elsevier.com/locate/inca/622870

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    Cited by:
    1. Eisenack, K. & Welsch, H. & Kropp, J.P., 2006. "A qualitative dynamical modelling approach to capital accumulation in unregulated fisheries," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2613-2636, December.
    2. Phoebe Koundouri & Marita Laukkanen, . "Stochastic Production in a Regulated Fishery:The Importance of Risk Considerations," DEOS Working Papers 0403, Athens University of Economics and Business.
    3. Anders Skonhoft & Asle Gauteplass, 2012. "Optimal exploitation of a renewable resource with capital limitations," Working Paper Series 12912, Department of Economics, Norwegian University of Science and Technology.
    4. Sandal, Leif Kristoffer & Steinshamn, Stein Ivar, 2006. "Irreversible Investments Revisited," Discussion Papers 2006/11, Department of Business and Management Science, Norwegian School of Economics.
    5. Bene, C. & Doyen, L. & Gabay, D., 2001. "A viability analysis for a bio-economic model," Ecological Economics, Elsevier, vol. 36(3), pages 385-396, March.
    6. Carsten Lynge Jensen, 1999. "A Critical Review of the Common Fisheries Policy," Working Papers 6/99, University of Southern Denmark, Department of Environmental and Business Economics.
    7. Poudel, Diwakar & Sandal, Leif K. & Kvamsdal, Sturla F. & Steinshamn, Stein I., 2011. "Fisheries Management under Irreversible Investment: Does Stochasticity Matter?," Discussion Papers 2011/20, Department of Business and Management Science, Norwegian School of Economics.

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