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A Broader View of Living Marine Resource Policy and the Role of Economics

A Broader View of Living Marine Resource Policy and the Role of Economics. Lewis E. Queirolo, Ph.D. Senior Regional Economist U.S. NOAA Fisheries Service Alaska Region. Accounting for Resource Asset Values Outside of the Marketplace. Non-market consumptive use Non-consumptive use

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A Broader View of Living Marine Resource Policy and the Role of Economics

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  1. A Broader View of Living Marine Resource Policy and the Role of Economics Lewis E. Queirolo, Ph.D. Senior Regional Economist U.S. NOAA Fisheries Service Alaska Region

  2. Accounting for Resource Asset Values Outside of the Marketplace Non-market consumptive use Non-consumptive use Non-use

  3. Issues in Global Resource Stewardship • The “Principal – Agent” Relationship • Distant-water fleets exploiting comparative advantage, market/political/scientific • Incomplete, asymmetric, proprietary information • Vertical Integration and Market Control • Loss of Management Autonomy • Excessive Shares • Industrial Scaled Fisheries • Loss of Diversity

  4. Adapting Policy to Climate Change – Opportunities? • Adaptive Fisheries Policy • Changing Abundance, Species Composition, and Distribution • Capture, Ranching, and Farming • Cooperative Management • Trans-boundary; • Straddling; • Highly Migratory Stocks • Infrastructure • Sea Level Changes • Physical Capacity Displacement and Realignment

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