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Publication Detailed Description
Journal Title
International Journal of Latest Trends in Finance and Economics Sciences
Year (definitive publication)
2013
Language
English
Country
United Kingdom
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Abstract
Monitoring and enforcement considerations have been largely ignored in the study of fishery management. This paper discusses this issue with a formal model to show the impacts of costly, imperfect enforcement of law on the behaviour of fishing firms and fisheries management. Theoretical analysis combines a standard bio-economic model of fisheries(Gordon/Schaefer) with Becker’s theory of Crime and Punishment.
Acknowledgements
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Keywords
Fisheries; Crime; Punishment; Enforcement; Becker’s theory
