The traditional expected-net-present-value methods cannot properly capture the management flexibility and strategic value aspects of a fishery, and may understate its value. Instead, this paper develops a Real Options model to conceptualize and evaluate fishery exploitation flexibility....

The aim of this study is to develop simplified tools and methods in collaboration with local stakeholders to facilitate collective decision-making. The project is based on a series of experiments carried out between farmers and environmental officers and researchers (Aquae Project)1 on the...

The control of animal diseases is an issue of particular interest in animal production chains. Because of their direct impact on production, animal diseases generate income shortfalls for farmers. In some cases, diseases may also have lead to human health problems and undermine market access...

In this paper, we investigate the bioeconomicimpacts of selected rebuilding strategies in amultispecies fishery. Using a stylizedbioeconomic model, we identify the conditionsunder which modifying the species selectivityproperties of the gear would contribute to therebuilding of over-exploited...