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Fisheries management in Iceland and J. Warming's contribution to the economics of the fisheries

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  • Gylfi Gislason

    (University of Iceland)

Abstract

In this paper I argue that the origin of the economics of the fisheries can !be traced back to a Danish Professor Jens Warming. In 1911 he published an article comparing the rent available from fishing grounds and land. He pointed out a common property qualification that open access fishing without charge tends to decrease the rent from fishing. He also discussed how to price fishing licenses to restrict the amount of fishing. In light of Warming's contributions I also briefly discuss the construction of fishing licences in Iceland since 1984.

Suggested Citation

  • Gylfi Gislason, 1995. "Fisheries management in Iceland and J. Warming's contribution to the economics of the fisheries," Finnish Economic Papers, Finnish Economic Association, vol. 8(1), pages 56-58, Spring.
  • Handle: RePEc:fep:journl:v:8:y:1995:i:1:p:56-58
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    File URL: http://taloustieteellinenyhdistys.fi/images/stories/fep/f1995_1e.pdf
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    References listed on IDEAS

    as
    1. Williamson, Oliver E, 1983. "Credible Commitments: Using Hostages to Support Exchange," American Economic Review, American Economic Association, vol. 73(4), pages 519-540, September.
    2. Carl Shapiro, 1983. "Premiums for High Quality Products as Returns to Reputations," The Quarterly Journal of Economics, Oxford University Press, vol. 98(4), pages 659-679.
    3. Brennan, Timothy J., 1989. "A Methodological Assessment of Multiple Utility Frameworks," Economics and Philosophy, Cambridge University Press, vol. 5(02), pages 189-208, October.
    Full references (including those not matched with items on IDEAS)

    More about this item

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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