This paper examines the hedging properties of Atlantic salmon futures. Hedging is important since it allows for mitigation of the risk of adverse price changes in the spot market. We examine the hedging efficiency of three types of hedging strategies; unhedged, fully hedged and hedging using...

Aquaculture is a controversial issue in the U.S.A., and to what extent U.S. aquaculture stakeholders support its expansion determines the future of this industry. This paper compares the perceptional differences of aquaculture stakeholders in the U.S.A. and Norway, and investigates how their...

Fisheries are common-pool resources, and many of world’s fisheries are overexploited. At the same time, capture fisheries and aquaculture operations can impinge on public goods provided by marine ecosystems such as marine biodiversity and unique habitat. The common-pool and public goods...

Substantial increases in profitability, in both fisheries and aquaculture, in the recent years have prompted increased attention to rent creation and rent capture in the seafood sector. In fact, Iceland, The Faroe Island and Norway have all recently implemented taxation of economic rent from...

During the last two decades there has been a tremendous growth in the production of intensively farmed fish. This growth has been accompanied by a substantial reduction in prices. As this enhances the competitiveness of farmed fish, concerns are often raised with respect to the market impact of...