Stochastic Production and Heterogeneous Risk Preferences: Commercial Fishers' Gear Choices
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چکیده
منابع مشابه
Stochastic Production and Heterogeneous Risk Preferences: Commercial Fishers’ Gear Choices
As long as total effort cannot be completely controlled, a more thorough understanding of fishers’ supply response decisions will be beneficial for fishery managers. In this paper, we present a model of fishers’ gear choice, which is empirically estimated on a panel of Swedish demersal trawlers. The approach allows for heterogeneity both in production technology and in risk preferences. Stochas...
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ژورنال
عنوان ژورنال: American Journal of Agricultural Economics
سال: 2004
ISSN: 0002-9092,1467-8276
DOI: 10.1111/j.0092-5853.2004.00572.x