Prices versus Quantities in Fisheries Models
探讨了Weitzman(1974)的分析在渔业中的推广条件，发现当成本函数在种群规模和捕捞量上直接可加分离时，分析可推广；对于无搜寻成本的集群渔业，若边际成本函数比边际收益函数更陡，税收优于个人可转让配额。
<i>This paper discusses the conditions for generalizing the analysis in Weitzman (1974) to fisheries. It is shown that it is straightforward to generalize the analysis if the cost function is direct additively separable in stock size and catches. This leads to the conclusion that the analysis holds for a schooling fishery with and without search costs, but it might not hold for a search fishery. A further result is that for a schooling fishery without search costs, where the marginal cost function is steeper than the marginal benefit function, taxes are likely to be preferred over individual transferable quotas.</i>