Advances in Fisheries Economics: Festschrift in Honour of Professor Gordon R. Munro

A true landmark publication, Advances in Fisheries Economics brings together many of the world’s leading fisheries economists to authoritatively cover the many issues facing the field of fisheries economics and management today.Compiled in honour of the work and achievements of Professor Gordon Munro of the University of British Columbia, Canada, this exceptional volume of research serves as both a valuable reference tool and fitting tribute to a man whose work has shaped the discipline.Divided into four sections, the text includes coverage of:• Property Rights and Fisheries Management• Capital Theory and Natural Resources• Game Theory and International Fisheries• Applied Fisheries Economics and ManagementThe book is an important addition to the resources of all fisheries economists, managers, scientists and fish biologists. Libraries in universities and research establishments where these subjects are studied and taught should have copies on their shelves.About the EditorsDr. Trond Bjorndal is Professor of Economics, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, Norway and Director, CEMARE, University of Portsmouth, England.Dr. Daniel V. Gordon is Professor of Economics, University of Calgary, Canada and Distinguished Research Fellow, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, NorwayDr. Ragnar Arnason is Professor of Economics and the Chairman of the Institute of Economic Studies, University of Iceland.Dr. U. Rashid Sumaila is Director of the Fisheries Economics Research Unit, Fisheries Centre, University of British Columbia.Content: Chapter 1 On the Contributions of Professor G.R. Munro to Economics (pages 1–16): T. Bjorndal and D. V. GordonChapter 2 Phases in the Evolution of Property in Sea Fisheries (pages 15–31): A. ScottChapter 3 Property Rights Quality and the Economic Efficiency of Fisheries Management Regimes: Some Basic Results (pages 32–58): R. ArnasonChapter 4 How Resolving the Class II Common Property Problem: The case of the Bcgroundfish Trawl Fishery (pages 59–73): R. Q. Grafton, H. W. Nelson and B. TurrisChapter 5 Auctions of IFQs as a Means to Share the Rent (pages 74–86): D. D. HuppertChapter 6 Shadow Prices for Fishing Quotas: Fishing with Econometrics (pages 87–108): D. Dupont and D. V. GordonChapter 7 Rational Expectations and Fisheries Management (pages 107–118): C. W. ClarkChapter 8 Linking Natural Capital and Physical Capital: A Review of Natural Resource Investment Models (pages 119–136): A. CharlesChapter 9 Fisheries Management with Stock Uncertainty and Costly Capital Adjustment (pages 137–158): M. Doyle, R. Singh and Q. WeningerChapter 10 The Incomplete Information Stochastic Split?Stream Model: An Overview (pages 157–183): R. McKelvey, P. V. Golubtsov, G. Cripe and K. A. MillerChapter 11 Coalition Games in Fisheries Economics (pages 184–195): M. Lindroos, V. Kaitala and L. G. KronbakChapter 12 Incentive Compatibility of Fish?Sharing Agreements (pages 196–206): R. HannessonChapter 13 Fish Stew: Uncertainty, Conflicting Interests and Climate Regime Shifts (pages 207–221): K. A. MillerChapter 14 A Dynamic Game on Renewable Natural Resource Exploitation and Markov Perfect Equilibrium (pages 222–238): S. KobayashiChapter 15 The Role of the Fishing Industry in the Icelandic Economy (pages 237–256): S. Agnarsson and R. ArnasonChapter 16 Factor use and Productivity Change in a Rights?Based Fishery (pages 257–269): B. M. H. Sharp and C. BatstoneChapter 17 Scientific Uncertainty and Fisheries Management (pages 270–282): W. E. Schrank and G. PontecorvoChapter 18 Spatial?Temporal Assessment Analysis with Application to the Scotia?Fundy Herring Fishery (pages 283–303): D. E. Lane

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