BIOL 2153 Chapter : Bio2153 Ch2 Pt2
Document Summary
There is a big difference between non-renewable resources and renewable once, first is that renewable resources can be extracted and generated again and non renewable once they are extracted or used the total amount of the resource lowers. Describe why, from an economic perspective, open access is problem. What are some of the policies that have been used to address the open access problem in fisheries, and what economic problems do the methods attempt to solve? any one can harvest the fish whit no regulation. Open access of fisheries is when no one owns the fisheries and has the effect that. Quota (iqf) or individual transferable quota (itq) system? efficient and sustainable the first of them is to determine what is the total allowable catch that is economically feasible and biologically beneficial. The difficulty with this is that requires information that is not always available from the economic and biologic standpoints.
