• The Exploitation-exploration Dilemma of Fishing Vessels with Institutionally Protected Quota Shares 

      Hannevig, Hilde; Bertheussen, Bernt Arne (Journal article; Tidsskriftartikkel; Peer reviewed, 2020-06-16)
      It is an established “truth” in the literature that a company which restricts itself to utilize existing resources without exploring new business opportunities is doomed to fail in the long run. An underlying premise for the claim is that the competition arena is dynamic and organized according to free competition principles. This study, however, examines whether it is more profitable for a fishing ...