Regulation of the iberoatlantic sardine fishery

The basic aim of this paper is to use a case study to illustrate the way in which controls can achieve an optimum exploitation of marine resources. The specific fishery under study is the Iberoatlanti sardine fishery. A bioeconomic deterministic model for this fish resource is developed and applied. The most relevant results and estimates are showed. Finally, we present some economic policy recommendations for the fishery, as well as considerations for the application of the regulatory measures.I thank M. C. Gallastegui for all his help. I also thank the anonymous referees for helpful comments and suggestions.