Abstract
This note addresses the effect of uncertainty on the expected resource rent, the short-run quota equilibrium, and the methods of rent capture in an individual transferable quota fishery with heterogeneous fishers. It presents some new results on the effects of output price uncertainty on the quota demands, the short-run equilibrium, and the possible choice of a method of rent capture.
| Original language | English |
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| Pages (from-to) | 286-294 |
| Number of pages | 9 |
| Journal | Journal of Environmental Economics and Management |
| Volume | 27 |
| Issue number | 3 |
| DOIs |
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| Publication status | Published - Nov 1994 |