This collection houses the proceedings of the 20th biennial conference of the International Institute of Fisheries Economics & Trade (IIFET), entitled Managing a Changing Environment. The conference took place at Auditorio Mar de Vigo in Vigo, Galicia, Spain, from 18-22 July 2022. Conference organizers were M. Dolores Garza-Gil (University of...
This paper is designed to “set the stage” for the Special Session on Game Theory and Fisheries. It traces the origins of the application of game theory to fisheries economics, noting that, for the first quarter of a century after the publication of H. Scott Gordon’s 1954 seminal article, the...
The governance of fish resources that migrate between or straddle different national EEZs is always complicated and often contentious. In the Western and Central Pacific Ocean (WCPO) valuable tuna stocks are found in significant quantities in more than 12 national Exclusive Economic Zones as well as extensive high seas areas...
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Acknowledgements
The author would like to acknowledge the contributions of RagnarArnason and Judith Swan (co
The governance of fish resources that migrate between or straddle different national EEZs is always complicated and often contentious. In the Western and Central Pacific Ocean (WCPO) valuable tuna stocks are found in significant quantities in more than 12 national Exclusive Economic Zones as well as extensive high seas areas...
Full Text:
WCPO tuna fishery
Thank you
Acknowledgements
•RagnarArnason and Judith Swan
•PNA Office (Sangaa
The sustainability of fish stocks, fishery-derived income and well-being of dependent communities are interrelated and sustainable socio-ecological systems require an understanding of all three. A newly developed evaluation tool addressing these three important facets of fishery systems is the Fishery Performance Indicators (FPIs). The FPIs were designed to associate fishery...
The concept of rents has a venerable history in economic theory. In his fundamental work on the Wealth of Nations, Adam Smith defined the concept making it clear that rents were distinct from profits. Ricardo, building on the foundation laid by Adam Smith, similarly distinguished between profits and rents in...
Discount rates, it is well-known, play an important role in the determining optimal extraction paths for natural resources. In fisheries analysis, as well as other natural resource use, constant discount rates are customarily assumed. In practical applications, the constant discount rate is often taken to be the social rate of...