信息在拥挤的渔业中的价值

The Policy Research Working Paper 10543 examines the impact of congestion on the value of a fishery. The paper finds that congestion can reduce the total catch and make fishing activities less efficient. Better information about the location and size of fish stocks can improve decision-making, but more precise information can also lead to increased congestion and reduced profits. The paper identifies the conditions under which an increase in information precision results in lower industry profits. The findings are based on high-resolution data and highlight the importance of considering congestion externalities when assessing the value of information in a fishery.

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