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Strategic investments in catch capacity and quotas: How costly is a mismatch for a firm?
(Journal article; Tidsskriftartikkel; Peer reviewed, 2020-02-08)
Despite improved fisheries management, overcapacity is still a major issue in fisheries worldwide. This study investigates the economic effect of a mismatch between catch capacity and quota holdings on the economic performance of fishing boats operating in a system of Individual Fishing Quota (IFQ) system. Based on the data of 71 fishing vessels, which constitute the entire fleet of Norwegian seagoing ...