Shared fish stocks and high seas issues

Abstract

This paper gives an overview of the economics of the management of shared fish stocks. First the relatively simple case of transboundary fish stocks is considered, and then the more complex case of straddling fish stocks is dealt with. We conclude with a case study of the cooperative management of a major straddling fish stock, namely the Norwegian Spring Spawning Herring stock, and of a highly migratory fish stock, the East Atlantic Bluefin Tuna fishery.