Modelling Enforcement and Compliance in Fisheries: A Survey

Manuel Coelho, José António Filipe, Manuel Alberto M. Ferreira
International Journal of Finance, Insurance and Risk Management, Volume 3, Issue 2, 464, 2013
DOI: 10.35808/ijfirm/71


Monitoring and enforcement considerations have been largely ignored in the study of fishery management. This paper discusses this issue with a formal model to show the impacts of costly, imperfect enforcement of law on the behaviour of fishing firms and fisheries management. Theoretical analysis combines a standard bio-economic model of fisheries (Gordon/Schaefer) with Becker’s theory of Crime and Punishment.

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