Scope for Efficient Multinational Exploitation of North-East Atlantic Mackerel
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Parameters
†
,
Intercept and slope of linear
inverse demand schedule
13.85, -0.0190
Stock exponent
in harvesting function
1.0 (0.6, 0.0)
Effort exponent in harvesting function
0.8 (0.6)
Total cost as a proportion
of total revenue in base year
0.83, 0.83, 0.83, 0.83
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west coast
present value
total catch
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