A true landmark publication, Advances in Fisheries Economics brings together many of the world's leading fisheries economists to authoritatively cover the many issues facing the field of fisheries economics and management today.

Chapter 1: On the Contributions of Professor G.R. Munro to Economics. T. Bjorndal and D.V. Gordon. Section 1. Property rights and fisheries management. Chapter 2: Phases in the Evolution of Property in Sea Fisheries. A. Scott. Chapter 3: Property Rights Quality and Economic Efficiency of Fisheries Management Regimes: Some Basic Results. R. Arnason. Chapter 4: How to Resolve the Class II Common Property Problem? The Case of the British Columbia's Multi-Species Groundfish Trawl Fishery. R.Q. Grafton, H.W. Nelson and B. Turris. Chapter 5: Auctions of IFQs as a Means to Share the Rent. D.D. Huppert. Chapter 6: Shadow Prices for Fishing Quota: Fishing with Econometrics. D. Dupont and D.V. Gordon. Section 2. Capital theory and natural resources. Chapter 7: Rational Expectations and Fisheries Management. C.W. Clark. Chapter 8: Linking Natural Capital and Physical Capital: A Review of Renewable Resource Investment Models. A. Charles. Chapter 9: Fisheries Management with Stock Uncertainty and Costly Capital Adjustment. M. Doyle, R. Singh and Q. Weninger. Section 3. Game theory and international fisheries. Chapter 10: The Incomplete Information Stochastic Split-Stream Model: An Overview. R. McKelvey, P.V. Golubtsov, G. Cripe and K.A. Miller. Chapter 11: Coalition Games in Fisheries Economics. M. Lindroos, L.G. Kronbak and V. Kaitala. Chapter 12: Incentive Compatibility of Fish-Sharing Agreements. R. Hannesson. Chapter 13: Fish Stew: Uncertainty, Conflicting Interests and Climate Regime Shifts. K.A. Miller. Chapter 14: A Dynamic Game on Renewable Natural Resource Exploitation and Markov Perfect Equilibrium. S. Kobayashi. Section 4. Applied fisheries economics and management. Chapter 15: The Role of the Fishing Industry in the Icelandic Economy. S. Agnarson and R. Arnason. Chapter 16: Factor Use and Productivity Change in a Rights-Based Fishery. B.M.H. Sharp and C. Batstone. Chapter 17: Scientific Uncertainty and Fisheries Management. W.E. Schrank and G. Pontecorvo. Chapter 18: Spatial-Temporal Stock Assessment Analysis with Application to the Scotia-Fundy Herring Fishery. D.E. Lane