Environmental regulations are necessary to prevent environmental damages and poor economic outcomes, but must be enforced to be effective. In most cases, perfect enforcement is not a viable option, and some non-compliance with regulations occurs. We …
Successful fisheries management relies on compliance. Compliance in turn relies on the perceived legitimacy of the existing rules and regulations, the effectiveness of monitoring and enforcement, and on the positive feedback loop between legitimacy …
We investigate the relationship between quota enforcement, compliance, and capital accumulation in ITQ regulated fisheries. Overextraction and overcapacity represent two of the main fisheries management challenges, and we aim to model and analyze the …
The existing fisheries economics literature analyzes compliance problems by treating the fishing firm as one cohesive unit, but in many cases violations are committed by agents acting on behalf of a firm. To account for this, we analyze the …
We model the exploitation of an international (shared stock) fishery which is managed using national quotas determined as agreed shares of an annual total allowable catch (TAC). Given its annual quota, each country employs enforcement effort in order …