Recreational fisheries are severely understudied by fisheries economists, in
spite of their growing importance in the context of fisheries management.
While recreational demand models have been extensively applied to
recreational fisheries, they have rarely been successfully integrated with
bioeconomic models to evaluate policy changes. Furthermore, theoretical
models of open access...
Fisheries sustainability is a much sought-after goal. Yet, “sustainability” is often too ambiguously defined to be of much practical guidance to policymakers. Furthermore, fisheries managers are increasingly expected to assess and manage fisheries in an “ecosystem-based” manner – accounting for the ecological interdependencies of species and their coupling with the...
Fisheries managers are increasingly expected to manage fisheries in an “ecosystem-based” manner – accounting for ecological interdependencies across species and their coupling with the physical environment. Yet managers lack rigorous, bioeconomic EBM indicators to assess tradeoffs and measure whether the natural capital in exploited ecosystems is sustainably managed. We build...