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An environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
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© Adam Bailey and Economic Droplets, 2012-2023.
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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
Posted in Fisheries
Tagged bioeconomic model, fishery economics, maximum welfare, maximum yield
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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