| The world's marine fisheries are in trouble, as a direct result of overfishing and the overcapacity of fishing fleets. Using dynamic bio-economic models of commercial fisheries, this book demonstrates that new management methods, alongside extensive marine reserves, are required to resolve the overfishing problem. |
| Colin W. Clark is Professor Emeritus in the Department of Mathematics at the University of British Columbia. |
| Introduction 1 Perspective A Simple Bioeconomic Model Bionomic Equilibrium Regulation of Fishing Effort Overcapacity Subsidies Individual Quotas Fishery Resources as Natural Capital Multispecies Fisheries and Ecosystem Based Management The Role of Uncertainty The Future 2 Dynamic Bioeconomic Models A Dynamic Model Robustness of the Schaefer Model Dynamic Bioeconomics Dynamically Optimal Fishing Uncertainty Management Implications Age-Structured Population Models Summary of Chapter 2 3 Investment and Overcapacity Fixed versus Variable Costs The Open-Access Fishery A Dynamic Optimization Model Regulated Open Access and Buy-Back Programs Summary of Chapter 3 4 Fisheries Management Royalties The Limited-Entry Fishery Individual Fishing Quotas Quota Auctions Some Aspects of Multispecies Fisheries Compliance Whose Fish? Summary of Chapter 4 5 Risk Assessment and Risk Management Kinds of Uncertainty Decision Analysis and Fisheries Management Marine Reserves as Insurance Summary of Chapter 5 6 Cases Studies Georges Bank Sea Scallop Fishery The Italian Adriatic Clam Fishery Iceland's ITQ Fisheries Namibia British Columbia's Groundfish Trawl Fishery Overview 7 Changing Direction A Responsible Management System Appendix Bibliography Index |
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