The theory of extensions to the national accounts is expressed in models in which wealth is being explicitly maximized. For the fishery, the central issue is such valuation when the policy being followed is inefficient. We begin the task of making such valuations for commercial products of a fishery. Capacity...
From merely being cod liver oil taken for vitamins A and D, fish oils have moved into the center stage of fatty acids in nutrition. The analytical work starting in 1950 provided the means to recognize the long-chain and truly essential n-3 polyunsaturated fatty acids vital for retinal, neurological and...
Capture fisheries and aquaculture in freshwater bodies play a very important role and is considered to have great potential for augmenting fish production as well as diversification of livelihoods in both Cambodia and Vietnam. In Cambodia, inland fisheries remain primary importance in the fisheries sector, while aquaculture is more important...
Eco-labeling has been touted as a way for consumer preferences for environmentally benign products to be transmitted in markets. The label, as the argument goes, provides information to consumers who may then pay a price premium for the labeled products. Producers view demand for the eco-labeled products as quality differentiated...
The saltwater aquarium hobby has increased dramatically in the last decade due to improvements in the technologies and knowledge needed to sustain mini-reef ecosystems. With this increased demand comes increased pressure on natural reef ecosystems that supply the vast majority of the live organisms for the commercial market. To combat...
The Western Central Pacific Fishery Commission (WCPFC) was inaugurated in 2004 after a preparatory process which commenced in 1996. Scientific advice is that skipjack stocks are in good condition, but bigeye and yellowfin stocks are being exploited too heavily and reductions of effort are needed to avoid overfishing. Compared to...
Fisheries co-management as an alternative to centralized command and
control fisheries management is often suggested as a solution to the
problems of fisheries resource use conflicts and overexploitation. Various
researchers have talked of the importance of studying the role of
transaction costs between different institutional arrangements for managing
fisheries resources....
As background, at the national level, for many years the U.S. Bureau of Commercial Fisheries concentrated on exploratory fishing, gear development, food science, catch statistics, scientific research, and marketing, and serviced the commercial industry in a variety of ways. In the early 1970's the name was changed to National Marine...
Stated preference (SP) methods such as contingent valuation and choice experiments are often used to estimate values associated with marine and coastal ecosystem services. However, applications do not always apply best practices, leading to questions regarding the validity and relevance of welfare estimates. This presentation outlines contemporary best-practice recommendations for...
Restoring wild salmon runs to the Pacific Northwest is technically challenging, politically nasty, and socially divisive. Past restoration efforts have been largely unsuccessful. Society’s failure to reverse the continuing decline of wild salmon has the characteristics of a policy conundrum: nearly everyone supports, abstractly at least, restoring salmon runs; considerable...