The Regulated Use of a Renewable Resource: The Inefficiency of Factor Rationing and the Efficiency of Individual Tradable Quotas (notice n° 156756)
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| fixed length control field | 01283cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112031737.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Mahé, Louis-Pascal |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | The Regulated Use of a Renewable Resource: The Inefficiency of Factor Rationing and the Efficiency of Individual Tradable Quotas |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2001.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 20 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The use of renewable resources is often regulated factor rationing. The resulting inefficiency of this is studied using a cost function restricted to technology. The optimal solution calls for the deviation between marginal cost and catch price to be equal to the resource’s costate variable. The loss of income resulting from the restriction is estimated by comparing the optimal static solution with rationing. The case studied is scallops in the Saint-Brieuc bay. The resource can be used in an optimal and decentralised way by a system of Individual Tradeable Quotas (ITQs). The equilibrium price for the ITQs is the (associated) value of the total resource at optimum. |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Ropars, Carole |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 148 | 2 | 2001-04-01 | p. 141-156 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2001-2-page-141?lang=en">https://shs.cairn.info/journal-economie-et-prevision-1-2001-2-page-141?lang=en</a> |
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