Anyone Can be a Fisherman in May The Economics of Fisheries and Fishery Regulation with an Exploration into the Icelandic Fisheries

Date of Award

2010

Document Type

Thesis

Degree Name

Bachelors

Department

Social Sciences

First Advisor

Coe, Richard

Keywords

Fisheries, Iceland, Fishing, Economies, Total Allowable Catch, Cod

Area of Concentration

Economics

Abstract

This work explores the economics of fisheries and fisheries regulations and the introduction of some of these theories within the Icelandic fishing economy. The work first sets up and demonstrates the model for fisheries that includes both economic and biological concerns. The primary method of analysis is theoretical economic modeling of the bioeconomic system. We then proceed along this line of analysis with the introduction of intentional perturbations to the model. We seek to analyze the potential effects of such perturbations and their ability to achieve the goal of policy makers and fulfill the criteria of an effective economic management system. Finally the model is sent to the realm of reality; first investigating the gradual enclosure of the oceans under international and nation law and proceeding to an analysis of the Icelandic fisheries and their introduction of a radically different fisheries management system.

Rights

This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.

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