Economic rationalization of fisheries: The problem of conflicting national interests on Georges Bank

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Abstract
As world food supplies become tighter, the potential value of the Northwest Atlantic fisheries will steadily increase. The wasteful and exploitative practices of the past must therefore be brought to an end and optimal management practices instituted. Optimal management practices will not, however, be easy to institute. It may be both difficult and extremely costly to attempt to manage the biomass through some information system and control mechanism.

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