FN Archimer Export Format PT J TI Investment Behaviour and Capacity Adjustment in Fisheries: A Survey of the Literature BT AF NOSTBAKKEN, Linda THEBAUD, Olivier SORENSEN, Lars-Christian AS 1:1,2;2:3,4;3:5; FF 1:;2:PDG-RBE-EM;3:; C1 Univ Alberta, Alberta Sch Business, Edmonton, AB T6G 2R6, Canada SNF, Inst Res Econ & Business Adm, Bergen, Norway CSIRO Marine & Atmospher Res, Brisbane, Qld 4001, Australia Ifremer Ctr Brest, UMR AMURE, Brest, France Univ Copenhagen, Inst Food & Res Econ FOI, DK-1958 Frederiksberg C, Denmark C2 UNIV ALBERTA, CANADA SNF, NORWAY CSIRO, AUSTRALIA IFREMER, FRANCE UNIV COPENHAGEN, DENMARK SI BREST SE PDG-RBE-EM IN WOS Ifremer jusqu'en 2018 copubli-europe copubli-int-hors-europe IF 1.083 TC 35 UR https://archimer.ifremer.fr/doc/00040/15111/13391.pdf LA English DT Article AB This article provides a survey of the economic literature on investment behaviour and capacity adjustment in fisheries. An overview of the existing theoretical and the empirical work is provided, and areas that require more work are pointed out. The survey shows that while a large body of theoretical work has been developed on the issue of capital adjustment in fisheries, relatively less attention has been granted to the theory of investment, where this becomes a separate decision to the decision about capital levels: i.e., where capital is quasi-malleable. In addition, empirical studies have been fairly limited, and more work is still needed to analyse and further investigate these issues in practical situations. There is particularly a need for more empirical studies of investment behaviour and drivers of investment behaviour at the firm level based on adequate economic data. PY 2011 SO Marine Resource Economics SN 0738-1360 PU MRE Foundation, Inc. VL 26 IS 2 UT 000292339900001 BP 95 EP 117 ID 15111 ER EF