The energy flux in a finite-depth gravity-wave spectrum resulting from weak non-linear couplings between the spectral components is evaluated by means of a perturbation method. The fifth-order analysis yields a fourth-order effect comparable in magnitude to the generating and dissipating processes in wind-generated seas. The energy flux favours equidistribution of energy and vanishes in the limiting case of a white, isotropic spectrum. The influence on the equilibrium structure of fully developed wave spectra and on other phenomena in random seas is discussed briefly.
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