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Following the publication of seminal papers by professors H. S. Gordon in 1954 and A. D. Scott in 1955, active research has led to rapid progress in our understanding of the economics of fisheries. Fishing, however, is a complicated activity involving intricate interactions between man-made fishing capital and naturally produced fish stocks in an inherently dynamic and stochastic setting. Consequently, in spite of significant advances, important sections of fisheries economics remain largely unexplored. One such area is the economics of migratory fish stocks. In 1985, the editors of this volume embarked on a research project concerned with the optimal utilization of common Nordic fish stocks. A fundamental feature of some of the most important of these fish stocks, such as the Atlanto-Scandian herring and the Icelandic capelin, is their migratory behaviour. Not only do the migrations continuously alter the economic conditions for harvesting these species. They also result in the periodical transfer of stock concentrations from one exclusive fisheries jurisdictions to another. It was readily apparent that this behaviour constituted a crucial determinant of the appropriate harvesting pattern of these stocks. More importantly, however, migrations are by no means a unique feature of Nordic fish stocks. In fact, it appears that migratory behaviour is exhibited, albeit in varying degrees, by all species of fish. It therefore stands to reason that migrations constitute an important aspect of the economics of fisheries in general.
A critical input into the proceedings of this Expert Consultation were two discussion papers and 12 cases studies, contained in this document. The first discussion paper addresses the basic requirements and principles for successful management of shared fish stocks derived from game theoretical considerations and practical experiences. The second discussion paper presents the legal aspects of the management of shared fish stock.
Celebrating the centenary of the Centre for Environment Fisheries and Aquaculture Science (CEFAS) Fisheries Research Laboratory at Lowestoft, UK, this peer-reviewed, edited tome discusses four interwoven themes: · The consequences and management of unregulated/unreported catches · Competition · External drivers and resource behaviour · Ecosystems and migration With contributions from fisheries scientists, policy-makers and managers from more than twenty countries, this international volume has evolved from the CEFAS symposium on International Approaches to Management of Shared Fish Stock- Problems and Future Directions. The editors, Andrew Payne, Carl O’Brien and Stuart Rogers, have succeeded in bringing together the research of over sixty participants into an essential source of reference for all those involved in, or studying, fisheries management across the globe.
Today, there is a growing sense of urgency among fisheries scientists regarding the management of fish stocks, particularly among those who predict the imminent collapse of the fishing industry due to stock depletion. This book takes a game theoretic approach to discussing potential solutions to the problem of fish stock depletion. Acknowledging the classification of fish stocks as destructible renewable resources, these essays are concerned with the question of how much of the stock should be consumed today and how much should be left in place for the future. The book targets both economists and students of economics who are familiar with the tools of their trade but not necessarily familiar with game theory in the context of fisheries management. Importantly, the goal is not to give a summary evaluation of the current views of the ‘appropriate’ response to immediate policy questions, but rather to describe the ways in which the problems at hand can be productively formulated and approached using game theory and couched on real world fisheries. Game Theory and Fisheries consists of twelve previously published but updated articles in fisheries management, a number of which address a gap in the fisheries literature by modelling and analysing the exploitation of fishery resources in a two-agent fishery, in both cooperative and non-cooperative environments. The author’s work ultimately illustrates that the analysis of strategic interaction between those with access to shared fishery resources will be incomplete without the use of game theory.
A true landmark publication, Advances in Fisheries Economics brings together many of the world’s leading fisheries economists to authoritatively cover the many issues facing the field of fisheries economics and management today. Compiled in honour of the work and achievements of Professor Gordon Munro of the University of British Columbia, Canada, this exceptional volume of research serves as both a valuable reference tool and fitting tribute to a man whose work has shaped the discipline. Divided into four sections, the text includes coverage of: • Property Rights and Fisheries Management • Capital Theory and Natural Resources • Game Theory and International Fisheries • Applied Fisheries Economics and Management The book is an important addition to the resources of all fisheries economists, managers, scientists and fish biologists. Libraries in universities and research establishments where these subjects are studied and taught should have copies on their shelves. About the Editors Dr. Trond Bjørndal is Professor of Economics, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, Norway and Director, CEMARE, University of Portsmouth, England. Dr. Daniel V. Gordon is Professor of Economics, University of Calgary, Canada and Distinguished Research Fellow, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, Norway Dr. Ragnar Arnason is Professor of Economics and the Chairman of the Institute of Economic Studies, University of Iceland. Dr. U. Rashid Sumaila is Director of the Fisheries Economics Research Unit, Fisheries Centre, University of British Columbia.
The effective management of shared fish stocks stands as one of the great challenges towards achieving long-term sustainable fisheries. These resources account for as much as one-third of world marine capture fishery harvests. This paper explores the legal and economic aspects of the management of each of the several different categories of shared stocks, namely transboundary, highly migratory, straddling and discrete high seas stocks. The economics of the issue point to the conclusion that, with few exceptions, effective cooperation between and among states is a fundamental prerequisite for sustainable resource management.
Abstract: This paper provides a review of various applications of cooperative game theory (CGT) to issues of natural and environmental resources. With an increase in the level of competition over environmental and natural resources, the incidents of disputes have been at the center of allocation agreements. The paper reviews the cases of common pool resources such as fisheries and forests, and cases of environmental pollution such as acid rain, flow, and stock pollution. In addition to providing examples of cooperative solutions to allocation problems, the conclusion from this review suggests that cooperation over scarce environmental and natural resources is possible under a variety of physical conditions and institutional arrangements. CGT applications to international fishery disputes are especially useful in that they have been making headway in policy-related agreements among states and regions of the world. Forest applications are more local in nature, but of great relevance in solving disputes among communities and various levels of governments.
Fisheries are in a state of crisis throughout the world. While there has been some success, truly effective fisheries management seems beyond our grasp. The knowledge needed for proper management contains a broad array of facts and connections from statistical stock assessments, to the information that allows government agencies to track compliance with rules and beyond.This book describes the state-of-the-art knowledge about fishery systems. Seldom seen in a scientific publication regarding fisheries science, this book presents a multidisciplinary perspective of fisheries management. Leading fisheries scholars with backgrounds in biology, ecology, economics and sociology ask how management institutions can learn and put their lessons to use. The Knowledge Base for Fisheries Management offers a unique overview of the world of fisheries management and provides the background to draw conclusions of what is needed to improve management.Covering a wide range of regimes, case studies and professional perspectives, this publication will be an obliged reference to anyone involved on fisheries management, assessment, policy making or fisheries development all over the world.* The only book on the market that analyzes fisheries in a biological, sociological and economic way* Fills a gap, focusing not only on the production of knowledge for fisheries management but also on how it is used in all steps of the management system and the decision making processes * Focuses on the hot topic: scientific knowledge and society-science based policies * Documents disseminated research from many different management systems, both European and world wide
As we search urgently for a strategy of sustainable natural resource management, an international debate is brewing over destructive modern fishery methods. Namibia's Fisheries is a timely contribution to this discussion as it examines Namibia's Benguela upwelling system, an area that supports traditional and modern forms of fishery. This volume analyzes the Namibian experience in fishery management, featuring essays by researchers, Namibian fishery managers, and international specialists that cover a range of ecological and social issues. Namibia's Fisheries will be a valuable resource for researchers, conservationists, and students of fishery management.