Fishing impacts biodiversity on multiple levels, potentially resulting in unintended feedbacks to economic performance of the fishery over time. For example, targeting observable traits within a population can impact genetic diversity, targeting populations within a species can impact population diversity, and targeting valuable species can impact biodiversity at the ecosystem...
In the past two decades resource economists have made great headway in understanding spatial-dynamic processes in resource exploitation and management. However, despite this progress, there remain large gaps in understanding the spatialdynamics of recreational resources. Here we first develop a general bioeconomic model of a renewable recreational resource use, under...
Data scarcity and weak institutional governance make the implementation of top-down, quota-based fisheries management in much of the developing world’s fisheries difficult. An alternative to quota-based management is the use of space-based rights such as territorial use rights fisheries (TURFs). In spite of wide spread use of TURFs as a...
Fisheries worldwide continue to suffer from the negative consequences of open access. In 1986, New Zealand responded by establishing an individual transferable quota (ITQ) system that by 1998 included 33 species and more than 150 markets for fishing quotas. We assess these markets in terms of trends in market activity,...
Calls to account for ecological interactions and tradeoffs in fishery management have grown over time. For example, some groups are asking to reduce global forage fish catch by 10-20% to ensure food supplies for other species These efforts follow advances in ecology and the development of large food web models,...
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,...
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...
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...
From measurements of the energy‐containing scales of turbulence in the ocean thermocline, two new formulations are examined: (1) an inviscid estimate for the viscous dissipation rate of turbulent kinetic energy and (2) a mixing length estimate for the turbulent heat flux. These formulations are tested using coincident measurements of the...
A low-power (<10 mW), physically small (15.6 cm long × 3.2 cm diameter), lightweight (600 g Cu; alternatively, 200 g Al), robust, and simply calibrated pitot-static tube to measure mean speed and turbulence dissipation (ε ) is described and evaluated. The measurement of speed is derived from differential pressure via...