Description

Bioeconomics emerged in the mid-1950s with Canadian economists Scott Gordon and Anthony Scott, building on Schaefer's biological fisheries models. These models established a relationship between fishing activities and biological growth, integrating ecology, environment, and resource protection. Despite scientific advances, fisheries management often fails due to inadequate data and complex objectives spanning biological, economic, social, and political realms. Effective management must balance these objectives, as depleted fish stocks undermine economic and social goals, and vice versa. Traditionally, fishery management focused on sustaining fish stocks through regulations on fishing effort, vessel numbers, gear restrictions, and harvesting time. These measures aimed to prevent overfishing and ensure sustainable yields. Fisheries economics, an interdisciplinary field, combines economic analysis with stock population dynamics. This book is a valuable resource for researchers, fisheries economists, professionals, and students.