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An Economic Theory of Common Property Fishery Resources

Author

Listed:
  • Carlson, Ernest W.

Abstract

A model of an economic theory of commercial fisheries is developed. The model integrates a biological growth model and a production function into a yield function for commerical fisheries. This function lays the basis for a supply function for commercial fishery products. A demand functionis introduced and equilibrium conditions are discussed. In addition, schemes for management of a commercial fishery are discussed briefly.

Suggested Citation

  • Carlson, Ernest W., 1970. "An Economic Theory of Common Property Fishery Resources," File Manuscripts, United States National Marine Fisheries Service, Economic Research Division, number 233331.
    • Handle: RePEc:ags:usnmfm:233331
    DOI: 10.22004/ag.econ.233331
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