Market failure in open access fisheries usually results in economic losses, because the most efficient means of harvesting fish resources are not used, and because fish resources are not allocated to the use with the highest social marginal value. In efficient, competitive markets, pricing mechanisms would ensure the optimal allocation...
The OSU Government Relations Office provides periodic updates that describe events in Washington, DC and Salem. These updates include insights on how budget and policy decisions at the state and federal level will affect OSU and are issued once or twice a month, depending on the level of activities in...
The OSU Government Relations Office provides periodic updates that describe events in Washington, DC and Salem. These updates include insights on how budget and policy decisions at the state and federal level will affect OSU and are issued once or twice a month, depending on the level of activities in...
In this paper, we study recovering processes for fisheries facing crisis or over-exploitation of a marine renewable
resource. We examine how to restore resource stocks and modify the economic characteristics of the fleet in order to
put on a sustainable exploitation system, near of some maximal standard as the Maximum...
When dealing with time, a fishery manager faces a major difficulty. On an N-period time horizon, should he follow
several short-run objectives for every n sub-period, or should he consider only the long-run objective? If a European
manager trying to implement a stock recovery plan prefers to achieve the long-run...
In several countries, cost recovery and/or rent collection (CRRC) has become integral to fishery management. This paper will examine CRRC from three perspectives: neo-classical economic efficiency, equity, and public choice. Partial equilibrium economic efficiency arguments include incentives for industry to implement (or lobby for) efficient delivery of management services. On...
The noble crayfish fishery in the Ljungan river system in Sweden has been subjected to two major shocks; hydropower development in the 1970s, which reduced water flow throughout the system with attendant effects on the crayfish stocks, and an outbreak of crayfish plague in the 1990s which wiped out the...
The Baltic Sea is referred as the most polluted sea in the world. The most serious problem is the eutrophication that is a consequence of nutrient loading through human based activities. Nutrient enrichment has led to growth of phytoplankton that has induced increased algal blooms and oxygen depletion in the...
The OSU Government Relations Office provides periodic updates that describe events in Washington, DC and Salem. These updates include insights on how budget and policy decisions at the state and federal level will affect OSU and are issued once or twice a month, depending on the level of activities in...