Taking it for granted that the purpose of fisheries management is to increase the flow of net economic benefits from the fishing activity, the costs of operating the fisheries management system itself are obviously among those that have to be subtracted to arrive at the net benefits of fishing. This means that the cost of management will, in general, influence the optimal management of the fishery. In spite of these rather obvious truths, the cost of fisheries management has hitherto received scant attention in the academic literature on fisheries economics.

Author names: 
Arnason, R.
Hannesson, R.
Schrank, W.E.
Year: 
1999
Reference: 

Arnason, R., Hannesson, R., Schrank, W.E. (1999). Costs of Fisheries Management: The Cases of Iceland, Norway and Newfoundland.

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