Arbeitspapier

Moral Hazard Problems in Fisheries Regulation: The Case og Illegal Landings

This paper treats illegal landings as a moral hazard problem that arises, since individual catches are unobservable to society and hence private information. A tax/subsidy mechanism taking into account the asymmetric information problem is formulated as a solution to problems with illegal landings. The incentive scheme uses fish stock size as the tax variable, and can be seen as an alternative to a control policy. Rough estimates from a simulation study suggest that the incentive scheme is potentially useful. The incentive scheme also has potential application as an instrument to the solution of by-catch and discard problems.

Sprache
Englisch

Erschienen in
Series: IME Working Paper ; No. 9

Klassifikation
Wirtschaft
Thema
Fischereiressourcen
Schattenwirtschaft
Theorie

Ereignis
Geistige Schöpfung
(wer)
Jensen, Frank
Vestergaard, Niels
Ereignis
Veröffentlichung
(wer)
University of Southern Denmark, Department of Environmental and Business Economics (IME)
(wo)
Esbjerg
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Jensen, Frank
  • Vestergaard, Niels
  • University of Southern Denmark, Department of Environmental and Business Economics (IME)

Entstanden

  • 2000

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