The Economics of Marine Resources and Conservation Policy
The Economics of Marine Resources and Conservation Policy

Author: James A. Crutchfield

Publisher: University of Chicago Press

Published: 2010-04-15

Total Pages: 241

ISBN-13: 0226121976

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How can we manage a so-called "renewable" natural resource such as a fishery when we don't know how renewable it really is? James A. Crutchfield and Arnold Zellner developed a dynamic and highly successful economic approach to this problem, drawing on extensive data from the Pacific halibut industry. Although the U.S. Department of the Interior published a report about their findings in 1962, it had very limited distribution and is now long out of print. This book presents a complete reprint of Crutchfield and Zellner's pioneering study, together with a new introduction by the authors and four new papers by other scholars. These new studies cover the history of the Pacific halibut industry as well as the general and specific contributions of the original work—such as price-oriented conservation policy—to the fields of resource economics and management. The resulting volume integrates theory and practice in a clear, well-contextualized case study that will be important not just for environmental and resource economists, but also for leaders of industries dependent on any natural resource.

Fisheries Resources Economics
Fisheries Resources Economics

Author: Xinjun Chen

Publisher: Springer Nature

Published: 2021-02-03

Total Pages: 440

ISBN-13: 9813343281

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Fisheries resources are an important component of natural resources. It is an important source of high-quality animal protein and food for humans, which provides employment, economic benefits and social welfare for people engaged in fishing activities. It also has played an important role in food safety, economic development, and foreign trade. Fisheries resources economics is an important branch of both applied economics and resource economics. Its research object is fishery resources and its economic problems. The economics of fishery resources is to focus on the relationship between the demand for human economic activities and the supply of fishery resources, as well as between fishery resources and its development. This book expounds the reasons for the economic problems of fishery resources and the theoretical principles for solving them, so as to reveal the objective rules of the allocation of fishery resources in different regions and at different times, to coordinate the relationship between the utilization of fishery resources and economic development, and to realize the sustainable development of fishery economy. This book will also provide learning materials for undergraduates, graduate students and practitioners engaged in fishery resources development and scientific management.

Blue Economy of the Indian Ocean
Blue Economy of the Indian Ocean

Author: Ranadhir Mukhopadhyay

Publisher: CRC Press

Published: 2023-05-31

Total Pages: 0

ISBN-13: 9780367523824

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This book explores the immense potential of the Indian Ocean region, and how best to maintain sustainable and responsible economic and strategic activities. The combination of science, innovation, and entrepreneurship will create the new blue economy business model, which has the potential to transform society.

Natural Resource Economics
Natural Resource Economics

Author: Barry C. Field

Publisher: Waveland Press

Published: 2023-07-21

Total Pages: 466

ISBN-13: 1478651709

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The connection between humans and the earth’s natural resources is a topic of vital interest. Concern once centered on whether there were sufficient supplies of natural resources to accommodate the rising demands of growing economies; a newer concern is whether those growing economies will undermine the linkages between humans and the earth’s critical ecological endowments. It is essential to understand the reciprocity of how human decisions affect resources and how resources affect humans. Natural resource economics is one way of framing and analyzing choices about the conservation and use of natural resources made daily by individuals, communities, and nations. The focus of the text is on natural resource valuation, economic incentives, and the institutional arrangements that will produce desired collective outcomes. The fourth edition of this acclaimed text presents the analytical framework of economics in easy-to-understand descriptions for readers who have not yet been exposed to economics. The first nine chapters offer a lucid introduction to fundamental economic principles and their application to questions about natural resource use. Ten topical chapters address specific natural resources. The final two chapters examine natural resource issues encountered in developing countries and the impacts of globalization on the utilization and conservation of natural resources. Topics new to this edition include: equity issues in natural resources decisions, existence value of wildlife, technological change, natural capital, payment for environmental services, rare earths, food security, and collective property rights.

Natural Resource Economics
Natural Resource Economics

Author: Jon M. Conrad

Publisher: Cambridge University Press

Published: 2020-01-30

Total Pages: 361

ISBN-13: 1108499333

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Presents models of renewable and non-renewable resources and provides analytical methods to explore contemporary resource problems.

Economics of Coastal and Water Resources: Valuing Environmental Functions
Economics of Coastal and Water Resources: Valuing Environmental Functions

Author: R.K. Turner

Publisher: Springer Science & Business Media

Published: 2013-04-18

Total Pages: 344

ISBN-13: 9401597553

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Most of the chapters in this volume are authored by staff or associates of the Centre for Social and Economic Research on the Global Environment (CSERGE). CSERGE is a research centre sponsored by the UK Economic and Social Research Council (ESRC), which specialises in interdisciplinary work focussed on environmental management issues. Weare grateful for the long term support that we have received from the ESRC. We would also like to acknowledge the efforts of Ann Dixon and SHin Pearce in the preparation of this volume. vii INTRODUCTION CHAPTER 1. ECOLOGICAL ECONOMICS AND COASTAL ZONE ECOSYSTEMS' VALUES: AN OVERVIEW. Turner, R. K. , Bateman, I. J. and Adger, W. N. 1. 1 Coastal zone pressure and sustainable management challenges Given the continued intensification of the process of globalisation - involving population growth, population density changes via urbanisation, industrial development, increased trade and capital flows, liberalisation of transnational corporation activity and lifestyle and attitudinal changes - coastal zones and their hydrologically linked catchment areas have come under heavy environmental pressure. The scale and extent of socio-economic activities have profound implications for the now coevolving natural and human systems and their complex interrelationships (Turner, Perrings and Folke, 1997). The consequences of this process of change manifest themselves across a range of spatial and temporal scales. Indeed the juxtaposition of different spatial, functional and temporal scales that is inherent in the catchment-coastal ecosystems-seas/oceans continuum poses particularly difficult challenges for both science and resource management/governance.

The Economics of Fishing
The Economics of Fishing

Author: Rögnvaldur Hannesson

Publisher: Economics of Big Business

Published: 2021

Total Pages: 0

ISBN-13: 9781788213448

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The fishing industry's critical dependence on the natural environment makes it very different from other economic sectors. The industry comprises everything from operator-owned small boats to large corporations operating fleets of high-tech trawlers or purse seiners processing their catches into finished products. All however exploit a common resource. This book provides an introduction to the economics of the fishing industry and the role of fisheries in the world economy. It focuses primarily on capture fisheries, although the discussion brings in wider acquaculture for comparative analysis. Trade in fish products and how it has developed is highlighted, as well as the main rules governing the fish trade. The basic concept of sustainable yield is explained and how economically optimal exploitation is used to avoid overexploitation. The book discusses the variability of fish stocks and uses case studies of some spectacular stock crashes that have occurred. The law of the sea is explained and how the movement of fish stocks across ocean boundaries has meant the development of government and inter-governmental bodies to manage international fisheries. At the heart of this management lies the quota system and the book outlines how it works and how, controversially, such quotas have become transferable and have acquired elements of private ownership. The regulation of the fishing industry is shown to be fundamental to prevent the possible total depletion of fish stocks, yet political pressure from the industry and from pressure groups can make the industry less efficient than it could be. Wider questions about whether fisheries management should only be about food production are also considered. The book offers readers a comprehensive and rigorous guide to the economic considerations motivating the industry and highlights the environmental challenges facing the sector as global consumption of fish continues to rise.

Evolutionary Game Theory
Evolutionary Game Theory

Author: Jörgen W. Weibull

Publisher: MIT Press

Published: 1997

Total Pages: 292

ISBN-13: 9780262731218

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Introduces current evolutionary game theory--where ideas from evolutionary biology and rationalistic economics meet--emphasizing the links between static and dynamic approaches and noncooperative game theory. This text introduces current evolutionary game theory--where ideas from evolutionary biology and rationalistic economics meet--emphasizing the links between static and dynamic approaches and noncooperative game theory. Much of the text is devoted to the key concepts of evolutionary stability and replicator dynamics. The former highlights the role of mutations and the latter the mechanisms of selection. Moreover, set-valued static and dynamic stability concepts, as well as processes of social evolution, are discussed. Separate background chapters are devoted to noncooperative game theory and the theory of ordinary differential equations. There are examples throughout as well as individual chapter summaries. Because evolutionary game theory is a fast-moving field that is itself branching out and rapidly evolving, Jörgen Weibull has judiciously focused on clarifying and explaining core elements of the theory in an up-to-date, comprehensive, and self-contained treatment. The result is a text for second-year graduate students in economic theory, other social sciences, and evolutionary biology. The book goes beyond filling the gap between texts by Maynard-Smith and Hofbauer and Sigmund that are currently being used in the field. Evolutionary Game Theory will also serve as an introduction for those embarking on research in this area as well as a reference for those already familiar with the field. Weibull provides an overview of the developments that have taken place in this branch of game theory, discusses the mathematical tools needed to understand the area, describes both the motivation and intuition for the concepts involved, and explains why and how it is relevant to economics.

Resource Economics
Resource Economics

Author: Jon M. Conrad

Publisher: Cambridge University Press

Published: 2010-06-14

Total Pages: 301

ISBN-13: 0521697670

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A text for students with a background in calculus and intermediate microeconomics and a familiarity with the spreadsheet software Excel.