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In the long run, resources will become scarcer and scarcer, but there is a possibility that resources will be recovered from the ocean. There is an abundance of seabed…
Non-renewable Ocean Resources: From Exploration…
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This chapter introduces various perspectives on the ocean's ecosystem services and how they should be accounted for in economic modeling. In September 2015, the…
Economic Models for Sustainability and the Ocean
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In the period from 1950 to the late 1980s, global catches in fishers have increased from less than 20 million tons per year to about 80 million tons per year. They have…
Fisheries Economics and Management
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In this chapter Martin Quaas gives some arguments for an economic solution to the global overfishing problem. The fundamental problem is that there is a price for fish…
Sustainable Management of Fisheries
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International large research projects have focused on the valuation of natural assets and services. Since the Millennium Ecosystem Assessment, the idea of ecosystem…
Valuing Ocean Assets
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