Intertemporal quota arbitrage in multispecies fisheries

Abbott, 2012, What are we protecting? Fisher behavior and the unintended consequences of spatial closures as a fishery management tool, Ecol. Appl., 22, 762, 10.1890/11-1319.1 Abbott, 2009, Regulation of fisheries bycatch with common-pool output quotas, J. Environ. Econ. Manag., 57, 195, 10.1016/j.jeem.2008.04.003 Abbott, 2015, Hidden flexibility: institutions, incentives, and the margins of selectivity in fishing, Land Econ., 91, 169, 10.3368/le.91.1.169 Anderson, 1994, An economic analysis of highgrading in ITQ fisheries regulation programs, Mar. Resour. Econ., 9, 209, 10.1086/mre.9.3.42629081 Battese, 1988, Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data, J. Econom., 38, 387, 10.1016/0304-4076(88)90053-X Bullard, 2013, Statement on 2013 groundfish fishery quota carryover from John K. Bullard northeast region administrator Byrne, 2015, Precipice regulations and perverse incentives: comparing historic preservation designation and endangered species listing, Georgetown Int. Environ. Law Rev., 27, 343 Chambers, 1998, 241 Chambers, 1996, Benefit and distance functions, J. Econ. Theor., 70, 407, 10.1006/jeth.1996.0096 Chambers, 1998, Profit, directional distance functions, and Nerlovian effciency, J. Optim. Theor. Appl., 98, 351, 10.1023/A:1022637501082 Copes, 1986, A critical review of the individual quota as a device in fisheries management, Land Econ., 63, 278, 10.2307/3146392 Engel, 2013, Perverse incentives: the case of wildfire smoke regulation, Ecol. Law Q., 40, 101 Färe, 1993, Derivation of shadow prices for undesirable outputs: a distance function approach, Rev. Econ. Stat., 75, 374, 10.2307/2109448 Färe, 2001, Shadow prices of Missouri conservation land, Publ. Finance Rev., 29, 444, 10.1177/109114210102900602 Färe, 2005, Characteristics of a polluting technology: theory and practice”, J. Econom., 126, 469, 10.1016/j.jeconom.2004.05.010 Färe, 2009, On functional form representation of multi-output production technologies, J. Prod. Anal., 33, 81, 10.1007/s11123-009-0164-4 Färe, 2012, Substitutability among undesirable outputs, Appl. Econ., 44, 39, 10.1080/00036846.2010.498368 Feng, 2014, Undesirable outputs and primal divisa productivity index based on the directional distance function, J. Econom., 183, 135, 10.1016/j.jeconom.2014.06.014 Greene, 2005, Reconsidering heterogeneity in panel data estimators of the stochastic model, J. Econom., 126, 269, 10.1016/j.jeconom.2004.05.003 Hailu, 2000, Environmentally sensitive productivity analysis of the Canadian pulp and paper industry, 1959-1994: an input distance function approach, J. Environ. Econ. Manag., 40, 251, 10.1006/jeem.2000.1124 Haynie, 2009, Common property, information, and cooperation: commercial fishing in the bearing sea, Ecol. Econ., 69, 406, 10.1016/j.ecolecon.2009.08.027 Holland, 2010, Development of the pacific groundfish trawl IFQ market, Mar. Resour. Econ., 31, 453, 10.1086/687829 Holland, 2012, Bycatch risk pools for the US west coast groundfish fishery, Ecol. Econ., 78, 132, 10.1016/j.ecolecon.2012.04.010 Innes, 1998, Takings, compensation and endangered species protection on private lands, J. Econ. Perspect., 12, 35, 10.1257/jep.12.3.35 Jondrow, 1982, On the estimation of technical inefficiency in the stochastic frontier production function model, J. Econom., 19, 233, 10.1016/0304-4076(82)90004-5 Kirchner, 2014, Resource rents and resource management policies in Namibia's post-independence hake fishery, Marit. Stud., 13, 1 Langpap, 2006, Conservation of endangered species: can incentives work for private landowners?, Ecol. Econ., 57, 558, 10.1016/j.ecolecon.2005.05.007 Langpap, 2017, Thresholds, perverse incentives, and preemptive conservation of endangered species”, J. Assoc. Environ. Resour. Econ. Lueck, 2003, Preemtive habitat destruction under the endangered species act, J. Law Econ., XLVI, 27, 10.1086/344670 National Research Council, 2014 NEFMC, 2010, Northeast (NE) multispecies fishery amendment 16, Fed. Regist., 75 NEFMC, 2011, Amendment 15 to the Atlantic scallop fishery management plan, Fed. Regist., 76 NOAA Fisheries, 2014, Fishing year 2013 sector carryover catch supplemental information report Northeast Fishery Science Center, 2003 Pfeiffer, 2016, The effect of rights-based fisheries management on risk taking and fishing safety, Proc. Natl. Acad. Sci. U. S. A., 13, 2615, 10.1073/pnas.1509456113 Polasky, 1998, When the truth hurts: endangered species policy on private land with imperfect information, J. Environ. Econ. Manag., 35 Reiland, 2004 Reimer, 2017, Empirical models of fisheries production: conflating technology with incentives?, Mar. Resour. Econ., 32, 169, 10.1086/690677 Reimer, 2017, Fisheries production: management institutions, spatial choice, and the quest for policy invariance, Mar. Resour. Econ., 32, 143, 10.1086/690678 Sanchirico, 2006, Catch-quota balancing in multispecies individual fishing quotas, Mar. Pol., 30, 767, 10.1016/j.marpol.2006.02.002 Secretariat of the Convention on Biological Diversity, 2011 Shephard, 1970 Singh, 2009, Bioeconomics of scope and the discard problem in multiple-species fisheries, J. Environ. Econ. Manag., 58, 72, 10.1016/j.jeem.2008.08.005 Smith, 2009, Fishing for more effective incentives, Science, 323, 337, 10.1126/science.323.5912.337b TMGC, 2011 Turner, 1997, Quota-induced discarding with heterogeneous fisheries, J. Environ. Econ. Manag., 33, 186, 10.1006/jeem.1997.0985 Walker, 2008, Economic aanalysis of New Zealand's deemed value system Wei, 2013, An empirical analisis of the CO2 shadow price in Chinese thermal power enterprises, Energy Econ., 40, 22, 10.1016/j.eneco.2013.05.018 Wernerheim, 2007, A simple empirical model of data fouling by high-grading in capture fisheries, Land Econ., 83, 74, 10.3368/le.83.1.74