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The Management of Fishery in Venice LagoonBy Luca RossettoABSTRACTIn this study a bioeconomic dynamic model is used to describe the optimal resource allocation in case of private and open access resource. This model has been applied to a specific fishery, namely Gô (Zosterisessor ophiocephalus), living inside the lagoon of Venice. The model shows that biological overfishing and stock depletion have been occurred because property rights on lagoon area are not well defined. Some factors affecting bioeconomic equilibrium such as prices, interest rate and fishing effort are set by market and cannot be easily managed. Arrangements on property rights of lagoon area or limiting fishery using catch quotas may lead to stock rehabilitation and highly productive fisheries. These tools should be necessarily supported by adequate trade policies. KEYWORDS: bioeconomic dinamic models, fishery View Bioeconomic Modeling: Conceptual and Applied IssuesSession View Full Paper (PDF file)
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