Skip navigation
Skip navigation

Theory and Practice of Fisheries and Water Economics

Squires , Dale; Grafton, Quentin

Description

This article reviews economic concepts for the management of two related renewable resources, fish stocks and water. The authors discuss scarcity and the economics of optimal use that also addresses external costs and benefits and market failure arising from incomplete or weak property rights, issues in optimal use over time, and growing importance of public benefits. Also discussed are the economic approaches proposed to resolve the scarcity and market failure challenge in water and fisheries...[Show more]

CollectionsANU Research Publications
Date published: 2013
Type: Book chapter
URI: http://hdl.handle.net/1885/39617
Book Title: Encyclopedia of Energy, Natural Resource, and Environmental Economics
DOI: 10.1016/B978-0-12-375067-9.00163-7

Download

File Description SizeFormat Image
01_Grafton_Theory_and_Practice_of_2013.pdf180.18 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  19 May 2020/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator