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The Economics of Marine Resources and Conservation Policy: The Pacific Halibut Case Study with Commentary

Edited By: James A Crutchfield and Arnold Zellner

240 pages, 33 Illus, 91 tabs

University of Chicago Press

Hardback | Dec 2003 | #133244 | ISBN: 0226121941
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NHBS Price: £53.50 $68/€60 approx

About this book

How can we manage a so-called renewable natural resource such as a fishery when we don't know how renewable it really is? Crutchfield and Zellner developed a dynamic and highly successful economic approach to this problem, drawing on extensive data from the Pacific halibut industry. Long out-of-print, this book presents a complete reprint of Crutchfield and Zellner's pioneering study, together with a new introduction by the authors and four new papers by other scholars. These new studies cover the history of the Pacific halibut industry as well as the general and specific contributions of the original work to the fields of resource economics and management.

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James A. Crutchfield is professor emeritus in the School of Marine Affairs at the University of Washington. Arnold Zellner is the H. G. B. Alexander Distinguished Service Professor Emeritus in the Graduate School of Business at the University of Chicago.

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