This paper is the result of a project that began with NAAFE 2015 special session on Fisheries Certification, which asked what forces are driving the market for sustainable seafood. Many previous studies looked at consumers' demand, but in this paper we looked at the entire supply chain (from producers to...
The debate in commercial fishery management has evolved from whether well-defined rights are necessary for sustainability to evaluating the advantages and disadvantages of different rights based system designs. Two of Latin America's largest fisheries, the Chilean Jack Mackerel and Peruvian Anchovy, allocate quota at the vessel-level and restrict the lease...
Marine scientists and policymakers are encouraging ecosystem-based fishery management (EBFM), but there is limited guidance on how to operationalize the concept. We develop a method for EBFM based on financial asset management that uses the joint probability distribution of species in an ecosystem. Illustrating our method with the Chesapeake Bay,...