Open Access Model

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Jeanne Pavy - One of the best experts on this subject based on the ideXlab platform.

Anneliese Taylor - One of the best experts on this subject based on the ideXlab platform.

Petr Kolman - One of the best experts on this subject based on the ideXlab platform.

Kepa Astorkiza - One of the best experts on this subject based on the ideXlab platform.

  • Is the Current Regulation of the VIII Division European Anchovy Optimal?
    Environmental and Resource Economics, 2001
    Co-Authors: Ikerne Del Valle, Inmaculada Astorkiza, Kepa Astorkiza
    Abstract:

    This paper sets out to assess the workability of the regulation currently in force in the European anchovy fishery of the VIII division. Particular attention is paid to the importance of the institutional regime in the allocation of natural resources. The study uses a bio-economic approach and takes into account the fact that, not only the European Union and the individual countries involved, but also some of the resource users or appropriators intervene in its management. In order to compare the effectiveness of the rules which, at the various levels, have been set up to restrict exploitation of the resource, the anchovy fishery is simulated in two extreme situations: Open Access and sole ownership. The results obtained by effective management will then be contrasted with those obtained from the maximum and zero profit objectives related with the two above-mentioned scenarios. Thus, if the real data come close to those derived from the sole ownership Model it will have to be acknowledged that the rules at present in force are optimal. If, on the other hand, the situation more closely approach the results obtained from the Open Access Model, we will endeavour in our conclusions to provide suggestions for economic policy measures that might improve the situation in the fishery.

  • Is the Current Regulation of the VIII Division European Anchovy Optimal
    Environmental and Resource Economics, 2001
    Co-Authors: Ikerne Del Valle, Inmaculada Astorkiza, Kepa Astorkiza
    Abstract:

    This paper sets out to assess the workability of the regulation currently in force in the European anchovy fishery of the VIII division. Particular attention is paid to the importance of the institutional regime in the allocation of natural resources. The study uses a bio-economic approach and takes into account the fact that, not only the European Union and the individual countries involved, but also some of the resource users or appropriators intervene in its management. In order to compare the effectiveness of the rules which, at the various levels, have been set up to restrict exploitation of the resource, the anchovy fishery is simulated in two extreme situations: Open Access and sole ownership. The results obtained by effective management will then be contrasted with those obtained from the maximum and zero profit objectives related with the two above-mentioned scenarios. Thus, if the real data come close to those derived from the sole ownership Model it will have to be acknowledged that the rules at present in force are optimal. If, on the other hand, the situation more closely approach the results obtained from the Open Access Model, we will endeavour in our conclusions to provide suggestions for economic policy measures that might improve the situation in the fishery. Copyright Kluwer Academic Publishers 2001

Zeng Xiang - One of the best experts on this subject based on the ideXlab platform.