Taxes....
â– Taxes are not inefficient because there is a transfer of resources and not their use, like in regulation if we consider society as a whole.
â– If we consider individual fisherman, taxes are very real costs.
â– Rent normally received by a sole owner is now received by the government
â– In fact in an open access fishery the rent is nil, then the objective of the government is to restore the rent, by reducing the effort, and inputting this rent to public fund.