Fishing Allocations and Optimal Fees: A Single‐ and Multilevel Programming Analysis
- 1 November 1983
- journal article
- Published by Wiley in American Journal of Agricultural Economics
- Vol. 65 (4) , 711-721
- https://doi.org/10.2307/1240459
Abstract
Mathematical programming methods were used, in conjunction with multilevel planning concepts, to estimate the value of foreign access to U.S. fisheries. The results indicate that the United States could raise the fees it charges substantially above 1981 levels without reducing the demand for access. However, treasury revenues are bounded from above by the incentive for joint ventures. This bound is estimated to be approximately two‐thirds of the revenue potentially available under centralized planning.Keywords
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