Under the new Law of the Sea, the definition of exclusive zones was considered an important first step towards improved management of the world's fisheries. However, one of the limits to the effectiveness of extended Jurisdictions was the problem of transboundary fish stocks. This question recently appeared at the centre...
The development of several sub-fields of general economics, including those of bounded rationality, institutional economics and the evolutionary economics, has expanded the scope and intensity of the dialogue both within economics, as well as between economists and other scientists. One of the more important preoccupations of early evolutionary economics was...
Market failure in open access fisheries usually results in economic losses, because the most efficient means of harvesting fish resources are not used, and because fish resources are not allocated to the use with the highest social marginal value. In efficient, competitive markets, pricing mechanisms would ensure the optimal allocation...
As the various mechanisms of fisheries resources management have matured, fishermen increasingly have responded by devising and developing different forms of collective representation. Within the European Union (EU), Producer's organisation (POs) provide a voluntary organisational structure which has evolved since its inception in the 1970s. During the intervening period, POs...
The natural market selection of the Italian aquaculture farms, mainly happened in the years' 90, need to determine and check their strength and weakness points: this will be capable either to modulate the managerial strategies in function of market trend and set up entry barriers. The study has been carried...
The World Food Summit which will be held at FAO in Rome in November of this year is expected to adopt a Plan of Action to Achieve Universal Food Security. World fisheries and international trade in fishery products will form part of the considerations of Heads of State and Government...
The prices of Finnish salmon and aquacultured rainbow trout have dropped to a new all-time low in 1995. The price, in real terms, the fishers were paid for domestic salmon in the beginning of the 90's was only one fourth of what it had been in 1980. This price decline...
Applied research is often motivated by the economic benefits it will give rise to. These benefits are due to either improved production techniques or new products. The realisation of these objectives depends much on the assessment of different research alternatives and allocation of resources between them. Also within aquaculture research...
The basic hypothesis underlying this paper is that the amount of fishing that a fisher undertakes over a year is not determined solely by circumstances which are exogenous to the fisher, such as weather conditions and resource availability, but are the subject of individual choice. As such, the decision can...
The following paper presents the results of a detailed investigation into the distribution, characteristics and performance of fisheries management systems in the major fisheries of north-east Nigeria (Upper River Benue, Lake Chad and the Nguru-Gashua Wetlands). A key focus of the research was to examine the possibilities for using a...