1. Rögnvaldur Hannesson Professor Emeritus Norwegian School of Economics
The Economics of Fisheries Management in Norway: A Historical Perspective
Rögnvaldur Hannesson
Professor Emeritus
Norwegian School of Economics

2. Economic advice on fisheries policy
Not regular and institutionalized
Ad hoc committees on burning issues of the day
Economic support of fisheries (1950s)
Organization of exports (1980s)
Fish quota policy (recent and current)
Reality itself the most important advisor

6. Value of assets (boats, quotas and concessions, and other)

7. Conclusion Best economic advice for fisheries policy:
Governments should keep their hands off the industry
A sensible division of tasks:
Let governments set quotas, monitor catches, enforce regulations
Let the industry decide when, how and what to do with the allowable catches