Some recent studies have shown the outstanding price linkages at the global scale between the cannery-grade
tuna markets over the last decade. When it comes to price transmission along the European value chains, opposite results between the two major species (skipjack and yellowfin) are found: the market for final goods...
Setting aside the traditional simplistic “tragedy of the commons” notion, fisheries crises observed in the Northern Atlantic may be seen as the result of “mismatches” in the decision making process. The collapse of two fisheries, Atlantic Cod (Gadus morhua) in Canada and European Hake (Merluccius merluccius) in Europe, illustrate the...