This textbook has two main objectives. Firstly, it outlines the problems associated with the management and conservation of marine living resources, with particular attention given to the twin concepts of economic value and sustainability. It demonstrates the contribution that economics can make to understanding these problems as well as helping to frame policies to mitigate them. Secondly, it looks in detail at the key methods that may be used to collect and analyse socio-economic data, oriented towards the information needs of decision makers and stakeholders involved in fisheries management. Together, these two objectives address the question: how does society make the best use of its marine living resources?
David Whitmarsh was Professor of Marine Resource Management at the University of Portsmouth, UK, where he was also part of the CEMARE research group within the Department of Economics.
1. Marine Living Resources and their Economic Significance 2. Overfishing and the Need for Management 3. Collecting and Using Socio-economic Data on Fisheries 4. Project Appraisal in Fisheries and Aquaculture 5. Markets and Prices for Seafood Products 6. Assessing Pollution Damages to Commercial Fisheries 7. Marine Resource Management and the Problem of Non-market Values Appendices A: Estimating Maximum Fisheries Production Using Time Series Data B: Bioeconomic Analysis and Fisheries Management C: Estimating Resource Rent Based on Surplus Production Models