The Worldwide Crisis in Fisheries: Economic Models and Human Behavior

The world's marine fisheries are in trouble, as a direct result of overfishing and the overcapacity of fishing fleets. Despite intensive management efforts, the problems still persist in many areas, resulting in many fisheries being neither sustainable nor profitable. Using bio-economic models of commercial fisheries, this book demonstrates that new management methods, based on individual or community catch quotas, are required to resolve the overfishing problem. Uncertainty about marine sy...