Advanced Search
MyIDEAS: Login

A Principal-Agent Analysis of Fisheries

Contents:

Author Info

  • Frank Jensen
  • Niels Vestergaard

Abstract

Very little principal-agent analysis has been done within the fisheries economic literature. This paper conducts a principal-agent analysis of fisheries. Within a standard principal-agent model, the low-cost agent must be allowed the same level of effort as under complete information. This conclusion does not hold for fisheries, because of a resource restriction and the fact that maximisation takes place over two variables. By means of comparative-static analysis, this paper argues that the low-cost agent must be allowed a larger effort than under complete information.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.ingentaconnect.com/content/mohr/jite/2002/00000158/00000002/art00004
Download Restriction: Fulltext access is included for subscribers to the printed version.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Mohr Siebeck, Tübingen in its journal Journal of Institutional and Theoretical Economics.

Volume (Year): 158 (2002)
Issue (Month): 2 (June)
Pages: 276-

as in new window
Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200206)158:2_276:apaof_2.0.tx_2-4

Contact details of provider:
Web page: http://www.mohr.de/jite

Order Information:
Postal: Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany
Email:

Related research

Keywords:

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Lone Kronbak & Marko Lindroos, 2006. "An Enforcement-Coalition Model: Fishermen and Authorities Forming Coalitions," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 35(3), pages 169-194, November.
  2. Jensen, Frank, 2008. "Uncertainty and asymmetric information: An overview," Marine Policy, Elsevier, vol. 32(1), pages 89-103, January.
  3. Urs Steiner Brandt & Frank Jensen & Lars Gårn Hansen & Niels Vestergaard, 2004. "Ratcheting in Renewable Resources Contracting," Working Papers 58/04, University of Southern Denmark, Department of Environmental and Business Economics.
  4. José Antonio VIDAL HERNANDEZ-MORA & Marcos ANTÓN RENART & María del Rocío MORENO ENGUIX, 2009. "An Analysis of the Dependence of the Spanish Fisheries Industry on the Financial Instrument for Fisheries Guidance," European Financial and Accounting Journal, University of Economics, Prague, vol. 2009(2), pages 34-64.
  5. Finn Olesen, 2003. "Rudolf Christiani - en interessant rigsdagsmand?," Working Papers 44/03, University of Southern Denmark, Department of Environmental and Business Economics.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mhr:jinste:urn:sici:0932-4569(200206)158:2_276:apaof_2.0.tx_2-4. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.