Despite the growing scientific literature on cold-water corals (CWC) there appears to be no studies that address the economic values or economic management of the resource. This paper presents an overview of the goods and services of CWC and their associated biodiversity. Use and non-use values associated with CWC are presented, and the methods relevant for assessing their valuation are discussed. The impact of human induced disturbance on CWC is reviewed, in order to indicate how knowledge of CWC values can be used by policy makers in the management of CWC as a habitat and vehicle for biodiversity.
Controlling the expansion of capture capacity has been a major challenge for the fisheries management systems around the North Atlantic. Despite focused attempts to reduce this capacity in recent years in different jurisdictions, it has continued to expand. This chapter uses a case study of changes in Norwegian fisheries to help explain why this has happened. The article supports the replacement of the rational actor approach that is currently hegemonic within fisheries management by a relational approach to the analysis of capture capacity expansion. A relational approach offers new insights into the ways political, economic, and technological forces continue to fuel capacity expansion within fishing. By use of this approach the article describes how the harvest machinery comes into existence. Keywords: Fishery policy; Capture capacity expansion; Management models; Cod fisheries; Harvest machinery
This paper investigates possible biological and economic effects of using marine sanctuaries as a management tool, employing cellular automata techniques to model biological growth and area distribution, assuming open access to the fish stock resources outside the protected area. The cellular automata model incorporates a fish harvest model based on standard assumptions. In agreement with previous studies this study confirms that large protected areas are necessary for significant impact on stock conservation, given standard assumptions. The conclusion may however not be equally unambiguous when employing more realistic scenarios, assuming non-uniform distribution of biomass and fishing effort. This study shows that significant stock conserving effects could be obtained even when less that 10% of the total distribution area of the stock is protected from fishing activities.