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Decentralized regulation of a common property renewable resource industry with irreversible investment

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  • McKelvey, Robert

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  • McKelvey, Robert, 1985. "Decentralized regulation of a common property renewable resource industry with irreversible investment," Journal of Environmental Economics and Management, Elsevier, vol. 12(4), pages 287-307, December.
    • Handle: RePEc:eee:jeeman:v:12:y:1985:i:4:p:287-307
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    Cited by:

    1. Anders Skonhoft & Asle Gauteplass, 2012. "Optimal exploitation of a renewable resource with capital limitations," Working Paper Series 12912, Department of Economics, Norwegian University of Science and Technology.
    2. Carsten Lynge Jensen, 1999. "A Critical Review of the Common Fisheries Policy," Working Papers 6/99, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    3. Martinet, Vincent & Thebaud, Olivier & Doyen, Luc, 2007. "Defining viable recovery paths toward sustainable fisheries," Ecological Economics, Elsevier, vol. 64(2), pages 411-422, December.
    4. Bene, C. & Doyen, L. & Gabay, D., 2001. "A viability analysis for a bio-economic model," Ecological Economics, Elsevier, vol. 36(3), pages 385-396, March.
    5. Colin W. Clark & Gordon R. Munro & Ussif Rashid Sumaila, 2007. "Buyback Subsidies, the Time Consistency Problem, and the ITQ Alternative," Land Economics, University of Wisconsin Press, vol. 83(1), pages 50-58.
    6. Molina, Renato, 2022. "The lack of property rights can make natural disasters worse: The case of small-scale fisheries in Chile," Ecological Economics, Elsevier, vol. 200(C).
    7. Steven Rust & Sarah Jennings & Satoshi Yamazaki, 2016. "Excess Capacity and Capital Malleability in a Fishery with Myopic Expectations," Marine Resource Economics, University of Chicago Press, vol. 31(1), pages 63-81.
    8. Koundouri, Phoebe & Laukkanen, Marita, 2004. "Stochastic Production in a Regulated Fishery:The Importance of Risk Considerations," MPRA Paper 41912, University Library of Munich, Germany.
    9. Clark, Colin W. & Munro, Gordon R. & Sumaila, Ussif Rashid, 2005. "Subsidies, buybacks, and sustainable fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 47-58, July.
    10. Sandal, Leif Kristoffer & Steinshamn, Stein Ivar, 2006. "Irreversible Investments Revisited," Discussion Papers 2006/11, Norwegian School of Economics, Department of Business and Management Science.
    11. Gordon Munro & U. Sumaila, 2015. "On the Contributions of Colin Clark to Fisheries Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(1), pages 1-17, May.
    12. Eisenack, K. & Welsch, H. & Kropp, J.P., 2006. "A qualitative dynamical modelling approach to capital accumulation in unregulated fisheries," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2613-2636, December.
    13. Schaap, Robbert & Richter, Andries, 2019. "Overcapitalization and social norms of cooperation in a small-scale fishery," Ecological Economics, Elsevier, vol. 166(C), pages 1-1.
    14. Poudel, Diwakar & Sandal, Leif K. & Kvamsdal, Sturla F. & Steinshamn, Stein I., 2011. "Fisheries Management under Irreversible Investment: Does Stochasticity Matter?," Discussion Papers 2011/20, Norwegian School of Economics, Department of Business and Management Science.

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