This book is presented in seven Chapters. Chapter 1 describes the basic assumptions underlying the optimal allocation of natural resources and the inherent characteristics of fisheries that determine, under unrestricted access, the failure to allocate resources, economic inefficiency and overfishing. To mitigate these undesired effects, the bioeconomic literature invokes the allocation of property rights, which in turn must be implemented within a management context. Thus, in this Chapter we suggest some guidelines to conduct management plans. Static and dynamic bioeconomic models are presented in Chapter 2 as a theoretical framework for the design of intelligent management schemes aiming at sustainable use of fish stocks. Classic models are shown, such as the Gordon-Schaefer based on the logistic. We also develop new bioeconomic approaches, such as a distributed-delay model to add realism to Smith's fleet dynamics approach. Chapter 2 also includes an introductory version of a bioeconomic yield-mortality model, and dynamic age-structured models. A comparison of the dynamic and static trajectories is stressed. The price of time and its implications for optimal resource allocation over time is also discussed. For the sake of adding realism to the above models, the systems approach is used in Chapter 3 to model different technological and ecological complexities that occur in marine fisheries. Ecological interdependencies (competition, predation), as well as technological interdependencies resulting from fleets with different fishing power and/or gear types, operating on components of a stock, or on different target species of a "mixed stock", are specified and modelled.

Fisheries Economics has always been an interdisciplinary field of study with economic analysis based on stock population dynamics, but many published works have focused mainly on theoretical economic issues without much focus on biological details. For the most part, age structured models have been ignored. Bioeconomics of Fisheries Management is a valuable reference text that presents the economic aspects of fisheries management in a broad bioeconomic framework. The book is broken into two parts. Part I covers the traditional areas of fisheries economics, covering topics such as open access, optimal and managed fisheries utilization that is analyzed through a traditional one stock/one fleet model. It also presents the basic results in terms of an age structured model. Part II covers material related to more recent work on bioeconomic models when more rigorous biological components became more prevalent, and views fisheries management with an ecosystems-based approach. Accompanying the book is a user-friendly CD with exercises and examples that aids the reader in applying theoretical principles of population dynamics and fisheries management and regulation. Bioeconomics of Fisheries Management will be a valuable text for researchers, fisheries economists, professionals, and students alike.

Efforts to effectively conserve and manage marine resources are facing increasing complexity of environmental and governance challenges. To address some of these challenges, this book presents advancements in fisheries bioeconomics research that provides significant ideas for addressing emerging environmental and fisheries management issues. Advances in Fisheries Bioeconomics gives insights into innovative approaches dealing with these issues, as well as novel ideas on changes in fisheries management paradigms. With contributions from leading experts in the field, this book offers an examination of a number of topics including: ecosystem based fisheries management; by-catch management and discard bans; the number of players in the fisheries game; the effects of ocean acidification; and the trends and impacts of eco-labeling and eco-certification of fisheries. Through integrating resource biology and ecology with the economics of fishers’ behaviour, the authors provide valuable analysis of the current issues in fisheries management. This book will be of interest to those on advanced courses in fisheries science, natural resource biology and ecology, and environmental and natural resource economics. It will also appeal to researchers, policy makers, and advocacy groups around the world.

The overutilization of fish stocks, the overcapitalization of fisheries, the removal of associated benefits to society and growing concern over the conservation of marine biodiversity have resulted in a line of fisheries research that is multidisciplinary, dynamic and precautionary in approach. All the biological, ecological and economic factors need to be analysed if the forces regulating the dynamics of a fishery are to be appraised. This publication looks at the assumptions underlying the optimal allocation of renewable natural resources; lists the bioeconomic points of reference resulting from analysis of fisheries is supposed conditions of equilibrium; analysis bioeconomic models according to ecological interdependence factors (such as competition and predation) and technological factors (such as competition between fleets with different fishing capacity); offers a time-series analysis of fisheries and estimates the level of optimal effort; proposes mathematical models applied to bioeconomic analysis to support fisheries management plans; refutes the assumption of uniform resource distribution, incorporating a spatial dimension in fisheries dynamics analysis; and expounds basic elements of decision-making theory and criteria that reflect different attitudes to risk aversion in fisheries management. Contents: Chapter 1: Inherent Characteristics of Fish Stocks, (1) Optimal Allocation of Renewable Resources: Basic Assumptions, (2) The Failure in the Optimal Allocation of Fishery Resources, (3) Fisheries Management Plans, (4) A Closing Comment, Chapter 2: Bioeconomic Models, (1) The Gordon-Schaefer Model, (2) Fleet Dynamics: A Distributed-Delay Smith s Model, (3) Yield-Mortality Models: A Bioeconomic Approach, (4) Age-Structured Bioeconomic Models, (5) Intertemporal Fisheries Analysis, Chaper 3: Ecological and Technological Interdependencies, (1) Technological Interdependencies: Heterogenous Fishing Effort, (2) Technologically Interdependent Fisheries: Two Fleets, (3) Technological Interdependencies: Sequential Fisheries, (4) Bioeconomics of Ecologically Interdependent Stocks, (5) Techno-Ecological Interdependencies, (6) Multispecies Fisheries and Experimental Management, Chapter 4: The System Science Approach in Fisheries Bioeconomics, (1) The System Simulation Approach, (2) A Numerical Example, Chapter 5: Management, (1) State Intervention Criteria, (2) Management Strategies, (3) Multiple Criteria Optimization Approach for Fisheries Management, Chapter 6: Spatial Bioeconomic Models, (1) Spatial Allocation of Fishing Intensite, (2) Short-Run Spatial Dynamics: ALLOC Model, (3) Short and Long-Run Geographic Bioeconomic Dynamics: CHART Model, (4) A Spatial Bioeconomic Model for Sedentary Fisheries: The Yellow Clam Mesodesma mactroides of Uruguay, a Study Case, Chapter 7: Risk and Uncertainty: A Precautionary Approach, (1) Precautionary Approach to Fisheries Management, (2) Sources of Uncertainty in Fisheries, (3) Management Decisions without Mathematical Probabilities, (4) Management Decisions with Mathematical Probabilities, (5) Estimation of Uncertainty in Model Parameters.

New York : Wiley, 1985.

Designed to fulfill the maximum balance between the biological and economic requirements of fisheries. Compares optimal fishing to unregulated fishing. Presents three popular fishing models and the problems arising from random fluctuations in fish stocks. Discusses the political and socio-economic factors which determine the success or failure of management policies.

Efforts to effectively conserve and manage marine resources are facing increasing complexity of environmental and governance challenges. To address some of these challenges, this book presents advancements in fisheries bioeconomics research that provides significant ideas for addressing emerging environmental and fisheries management issues. Advances in Fisheries Bioeconomics gives insights into innovative approaches dealing with these issues, as well as novel ideas on changes in fisheries management paradigms. With contributions from leading experts in the field, this book offers an examination of a number of topics including: ecosystem based fisheries management; by-catch management and discard bans; the number of players in the fisheries game; the effects of ocean acidification; and the trends and impacts of eco-labeling and eco-certification of fisheries. Through integrating resource biology and ecology with the economics of fishers’ behaviour, the authors provide valuable analysis of the current issues in fisheries management. This book will be of interest to those on advanced courses in fisheries science, natural resource biology and ecology, and environmental and natural resource economics. It will also appeal to researchers, policy makers, and advocacy groups around the world.

What is Bioeconomics Bioeconomics is intimately connected to the early development of theories in fisheries economics, which were initially developed in the middle of the 1950s by Canadian economists Scott Gordon and Anthony Scott (1955). Their ideas made use of recent developments in biological fisheries modeling, primarily the works that Schaefer had done in 1954 and 1957 on establishing a formal relationship between fishing activities and biological growth through mathematical modeling that was confirmed by empirical studies. Additionally, their ideas relate to ecology, the environment, and the protection of resources. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Bioeconomics (fisheries) Chapter 2: Maximum sustainable yield Chapter 3: Overfishing Chapter 4: Fisheries management Chapter 5: Population ecology Chapter 6: Fisheries science Chapter 7: Individual fishing quota Chapter 8: Milner Baily Schaefer Chapter 9: Sustainable yield in fisheries Chapter 10: Population dynamics of fisheries Chapter 11: Fish mortality Chapter 12: Ussif Rashid Sumaila Chapter 13: Ray Hilborn Chapter 14: Catch share Chapter 15: Bioeconomics Chapter 16: Gordon-Schaefer model Chapter 17: Fedor Baranov Chapter 18: Economics Chapter 19: Colin W. Clark Chapter 20: H. Scott Gordon Chapter 21: Pierre Auger (biologist) (II) Answering the public top questions about bioeconomics. (III) Real world examples for the usage of bioeconomics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of bioeconomics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of bioeconomics.

This volume examines the impact of fish stock assessment and catch share arrangements in context through case studies and in terms of ecosystem, economy and society. It examines the rationalizing work of bio-economic projects, especially the institutionalization of individual transferable quota (ITQ) in fisheries: what impact have they had on fisheries and fishers? The contributing authors understand ITQ and quota management as bio-economic projects, that is, as widely deployed but locally constituted projects that combine biological and economic logics to rationalize production and, in this case, fish. Politicians and managers use these projects and the models that justify them to rationalize fisheries in favor of modern technology and for capital and species efficiency. Aimed at a diverse interdisciplinary fisheries management readership, and designed as a guide to issues emerging in any assessment of ITQ, the book is a timely investigation of the origins and diverse experiences of ITQ projects, including resistance to them, attempts to develop fisheries management around them, and experiences of the risks that come with them. Now around forty years old, ITQ has never been subject to the kind of comprehensive sustainability assessments once advocated by Elinor Ostrom, let alone the full-cost accounting of impacts at the national level that Evelyn Pinkerton recently called for. Fisheries, Quota Management and Quota Transfer offers multi-disciplinary assessments of the effects of ITQ from scholars working in eight countries. The book brings together scholars from anthropology, economics, geography, sociology, the history of science, and marine environmental history to discuss experiences from fisheries in eight industrialized countries. It considers cases from outside as well as inside the EU, including ITQ pioneers, New Zealand and Iceland. The combination allows for an unprecedented international perspective on stock assessments and share allocation systems. By emphasizing emerging, becoming, learning and transforming through knowledge, the book conceives technology as a field of power and choice, nevertheless dominated by managers through specific projects in specific contexts. Individual chapters relate bio-economic projects to separate theoretical literature, an approach that facilitates multi-disciplinary dialog.

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.