Björndal, Trond and Mintewab Bezabih. 2010. “Resource Rents and Management Regimes: The Case of the Western Channel Sole Fishery.” Marine Resource Economics 25:3: 325-331.
Download reference Doi:10.5950/0738-1360-25.3.325
Understanding the economic and biological status of a fishery resource is critical to designing efficient management policies. In one such attempt, this article assesses current and potential rents in the sole fishery in the English Channel. The sole fishery is found to experience rent dissipation due to significant disinvestment in the stock and substantial fleet overcapacity. The analysis also investigates alternative paths of attaining the optimal stock level.