Recreational fishermen quickly adjust fishing effort directed at a specific
site to variations in fishing quality. Holding all other quality parameters
constant, the functional relationship between fish abundance and the
resulting recreational fishing effort is denoted an effort response function.
This paper proposes a Cobb-Douglas utility function for the benefits...
Using renewable resources can provide society with (i) resource rent, (ii) consumer surplus and (iii) worker surplus in resource harvesting. In a dynamic analysis we show that privatization increases the present value of consumer surplus and worker surplus if harvesting productivity does not depend on the resource stock. If it...
Establishing an effective management of former open access fisheries can
increase resource rents from close to zero to numbers as high as several
hundred Mio $ p.a., as it has been the the case in Iceland's cod fishery.
Whenever the corresponding harvesting rights are given out free of charge
as...
Fishermen are often advised to be more patient and limit catches now, in order to increase stock size and catches in the future. Such scientific advice is usually based on the maximum sustainable yield (MSY) objective. This biological criterion is often consistent with economic interests at low discount rates. The...
Final program details of Visible Possibilities: The Economics of Sustainable Fisheries, Aquaculture and Seafood Trade, the 16th Biennial Conference of the International Institute of Fisheries Economics & Trade, held July 16-20, 2012 in the Hyatt Regency Kilimanjaro Hotel, Dar es Salaam Tanzania
Proceedings of Visible Possibilities: The Economics of Sustainable Fisheries, Aquaculture and Seafood Trade, the 16th Biennial Conference of the International Institute of Fisheries Economics & Trade, held July 16-20, 2012 in Dar es Salaam, Tanzania.