As world farmed salmon production has grown, so has the intensity of the debate over salmon farming. Critics have characterized salmon farming as environmentally, economically and socially unsound and irresponsible. This paper argues that underlying much of the salmon farming debate is a far broader debate over many of the...
Because of wild salmon's importance as a commercial fishery in North America, many questions and concerns have been raised around the issue of farmed versus wild salmon in recent years. Concerns have been related to the impact of the tremendous growth in farmed salmon production on the markets for wild...
This paper reports on an economic experiment conducted to examine the nature of rent dissipation in limited entry fisheries with aggregate quotas, and factors affecting fishermen's political support for changing to individual quota management. The experimental subjects are fishermen who participate in a series of fishing seasons. The experiment assumes...
Changes in ownership of limited entry permits by “local” residents of the region where a fishery occurs
may have significant economic and social implications for fishery-dependent regions. This paper
examines changes in local permit ownership in Alaska salmon fisheries, for which a long-term decline in
rural local permit ownership is...
Economists have devoted considerable attention to rent-dissipation in limited-entry fisheries as a result of excessive use of capital inputs, or "capital stuffing." We may refer to this mechanism of rent dissipation as "cost-driven rent dissipation." An alternative potential mechanism of rent dissipation, which we refer to as "value-driven rent dissipation,"...
Climate change may cause significant changes in the distribution, abundance, and species mix of commercial fishery resources. In any given area stocks of some species may decline; stocks of other species may increase; and new species may appear in commercially significant volumes. However, it is difficult to predict what specific...
Despite potential advantages of rights-based management over competitive fisheries, there has been significant political resistance to rights-based management from many fishermen, which has slowed the
adoption of rights-based management. This paper explores the concept of voluntary transitions to rights-based
management, under which fishermen may choose between an allocated fishery (with...
There is growing realization of the potential for games and experiments as powerful tools not only for research, but also for education and outreach. Experiments are particularly powerful and useful for fisheries economists because (a) they can vividly illustrate some fundamental concepts and (b) are effective at testing the relative...