Lee G. Anderson is Professor of Economics at College of Marine Studies, University of Delaware, Newark, USA and President-elect of the International Institute of Fisheries Economics and Trade

• Contents: Volume I: The Basics: The economic theory of a common-property resource: the fishery, H. Scott Gordon; The fishery: the objectives of sole ownership, Anthony Scott; Some considerations of the population dynamics and economics in relation to the management of the commercial marine fisheries, Milner B. Schaefer; The economics of fishing and modern capital theory: a simplified approach, Colin W. Clark and Gordon R. Munro; The optimal exploitation of renewable resource stocks: problems of irreversible investment, Colin W. Clark, Frank H. Clark and Gordon R. Munro. Refinements: Demand Supply and Inputs: Optimization and suboptimization in fishery regulation, Ralph Turvey; Factor rents, sole ownership and the optimum level of fisheries exploitation, Parzifal Copes; Externalities, factor proportions and the level of exploitation of free access resources, J.R. Gould. Extinction: Extinction of a fishery by commercial exploitation: a note, J.R. Gould; The economics of over exploitation, Colin W. Clark. Disaggregated Models: On models of commercial fishing, Vernon L. Smith; The relationship between firm and fishery in common properties fisheries, Lee G. Anderson. Regulation: Development of economic theory on fisheries regulation, Anthony Scott; Economic and social implications of the main policy alternatives for controlling fishing effort, J.A. Crutchfield; Towards a predictive model for the economic regulation of commercial fisheries, Colin W. Clark; Individual transferable quotas: theory and practice, R. Quentin Grafton; Minimum information management in fisheries, Ragnar Arnason; Individual transferable quotas and production externalities in a fishery, John R. Boyce; A critical review of the individual quota as a device in fisheries management, Parzifal Copes; Entry restrictions in the fishery: a survey of the evidence, Ralph E. Townsend; Contracting problems and regulation: the case of the fishery, Ronald N. Johnson and Gary D. Libecap; Name index. Volume II: Extensions: Multispecies Models: Analysis of open access commercial exploitation and maximum economic yield in biologically and technologically interdependent fisheries, Lee G. Anderson; An economic analysis of the fisheries bycatch problem, John R. Boyce. International Utilization: The great fish war: an example using a dynamic Cournot-Nash solution, David Levhari and Leonard J. Mirman; The optimal management of a transboundary renewable resource, Gordon R. Munro; Fishing as a super game, Rögnvaldur Hannesson. Uncertainty: Stochastic bioeconomics: a review of basic methods and results, Peder Andersen and Jon G. Sutinen; How to set catch quotas: constant effort and constant catch, Rögnvaldur Hannesson and Stein Ivar Steinshamm; Implementing the precautionary principle in fisheries management through marine reserves, Tim Lauck, Colin W. Clark, Marc Mangel and Gordon R. Munro; Marine reserves: what would they accomplish?, Rögnvaldur Hannesson. Beyond the Schaeffer Model: Beverton-Holt model of a commercial fishery: optimal dynamics, Colin Clark, Gordon Edwards and Michael Friedlaender; Bioeconomics of spatial exploitation in a patchy environment, James N. Sanchiro and James E. Wilen. Schooling Species: The dynamics of an open access fishery, Trond Bjørndal and Jon M. Conrad; The optimal management of North Sea herring, Trond Bjørndal. The Share System: The share system in open-access and optimally regulated fisheries, Lee G. Anderson. Recreational Fisheries: Bioeconomic models of marine recreational fishing, Kenneth E. McConnell and Jon G. Sutinen; Toward a complete economic theory of the utilization and management of recreational fisheries, Lee. G. Anderson. Analysis of Management Agencies: The economics of fishery law enforcement, Jon G. Sutinen and Peder Andersen; Optimal governing instrument, operational level and enforcement in natural resource regulation: the case of the fishery, Lee G. Anderson and Dwight R. Lee; A model of regulated open access use, Francis R. Homans and James E. Wilen. Applications: Property rights and efficiency in the oyster industry, Richard J. Agnello and Lawrence P. Donnelley; Production economics and optimal stock size in a North Atlantic fishery, Trond Bjørndal; Optimal timing of harvest for the North Carolina bay scallop fishery, Robert L. Kellogg, J.E. Easley Jr and Thomas Johnston; A bioeconomic model of the Pacific whiting, John M. Conrad; Assessing efficiency gains from the individual transferable quotas: an application to the mid-Atlantic surf clam and ocean quahog fishery, Quinn Weninger; Bioeconomic analysis of alternative selection patterns in the United States Atlantic silver hake fishery, E.M. Thunberg, T.E. Hesler and R.K. Mayo; Name index.

Lee G. Anderson is Professor of Economics at College of Marine Studies, University of Delaware, Newark, USA and President-elect of the International Institute of Fisheries Economics and Trade

• Contents: Volume I: The Basics: The economic theory of a common-property resource: the fishery, H. Scott Gordon; The fishery: the objectives of sole ownership, Anthony Scott; Some considerations of the population dynamics and economics in relation to the management of the commercial marine fisheries, Milner B. Schaefer; The economics of fishing and modern capital theory: a simplified approach, Colin W. Clark and Gordon R. Munro; The optimal exploitation of renewable resource stocks: problems of irreversible investment, Colin W. Clark, Frank H. Clark and Gordon R. Munro. Refinements: Demand Supply and Inputs: Optimization and suboptimization in fishery regulation, Ralph Turvey; Factor rents, sole ownership and the optimum level of fisheries exploitation, Parzifal Copes; Externalities, factor proportions and the level of exploitation of free access resources, J.R. Gould. Extinction: Extinction of a fishery by commercial exploitation: a note, J.R. Gould; The economics of over exploitation, Colin W. Clark. Disaggregated Models: On models of commercial fishing, Vernon L. Smith; The relationship between firm and fishery in common properties fisheries, Lee G. Anderson. Regulation: Development of economic theory on fisheries regulation, Anthony Scott; Economic and social implications of the main policy alternatives for controlling fishing effort, J.A. Crutchfield; Towards a predictive model for the economic regulation of commercial fisheries, Colin W. Clark; Individual transferable quotas: theory and practice, R. Quentin Grafton; Minimum information management in fisheries, Ragnar Arnason; Individual transferable quotas and production externalities in a fishery, John R. Boyce; A critical review of the individual quota as a device in fisheries management, Parzifal Copes; Entry restrictions in the fishery: a survey of the evidence, Ralph E. Townsend; Contracting problems and regulation: the case of the fishery, Ronald N. Johnson and Gary D. Libecap; Name index. Volume II: Extensions: Multispecies Models: Analysis of open access commercial exploitation and maximum economic yield in biologically and technologically interdependent fisheries, Lee G. Anderson; An economic analysis of the fisheries bycatch problem, John R. Boyce. International Utilization: The great fish war: an example using a dynamic Cournot-Nash solution, David Levhari and Leonard J. Mirman; The optimal management of a transboundary renewable resource, Gordon R. Munro; Fishing as a super game, Rögnvaldur Hannesson. Uncertainty: Stochastic bioeconomics: a review of basic methods and results, Peder Andersen and Jon G. Sutinen; How to set catch quotas: constant effort and constant catch, Rögnvaldur Hannesson and Stein Ivar Steinshamm; Implementing the precautionary principle in fisheries management through marine reserves, Tim Lauck, Colin W. Clark, Marc Mangel and Gordon R. Munro; Marine reserves: what would they accomplish?, Rögnvaldur Hannesson. Beyond the Schaeffer Model: Beverton-Holt model of a commercial fishery: optimal dynamics, Colin Clark, Gordon Edwards and Michael Friedlaender; Bioeconomics of spatial exploitation in a patchy environment, James N. Sanchiro and James E. Wilen. Schooling Species: The dynamics of an open access fishery, Trond Bjørndal and Jon M. Conrad; The optimal management of North Sea herring, Trond Bjørndal. The Share System: The share system in open-access and optimally regulated fisheries, Lee G. Anderson. Recreational Fisheries: Bioeconomic models of marine recreational fishing, Kenneth E. McConnell and Jon G. Sutinen; Toward a complete economic theory of the utilization and management of recreational fisheries, Lee. G. Anderson. Analysis of Management Agencies: The economics of fishery law enforcement, Jon G. Sutinen and Peder Andersen; Optimal governing instrument, operational level and enforcement in natural resource regulation: the case of the fishery, Lee G. Anderson and Dwight R. Lee; A model of regulated open access use, Francis R. Homans and James E. Wilen. Applications: Property rights and efficiency in the oyster industry, Richard J. Agnello and Lawrence P. Donnelley; Production economics and optimal stock size in a North Atlantic fishery, Trond Bjørndal; Optimal timing of harvest for the North Carolina bay scallop fishery, Robert L. Kellogg, J.E. Easley Jr and Thomas Johnston; A bioeconomic model of the Pacific whiting, John M. Conrad; Assessing efficiency gains from the individual transferable quotas: an application to the mid-Atlantic surf clam and ocean quahog fishery, Quinn Weninger; Bioeconomic analysis of alternative selection patterns in the United States Atlantic silver hake fishery, E.M. Thunberg, T.E. Hesler and R.K. Mayo; Name index.