Tag Archives: bioeconomic model

Fishing and Economic Welfare

Within a static model of a fishery one can identify levels of fishing effort for maximum yield, maximum profits and maximum welfare. Where demand is downward-sloping, effort for maximum welfare will normally be above that for maximum profits but below … Continue reading

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Of Fish, Fishers and Consumers

The reform of the EU Common Fisheries Policy announced on 30 May is an important step towards sustainable and more profitable fishing.  But the interests of the consumer merit more explicit recognition. A stated aim of the reform is “to … Continue reading

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