Economic consequences of excessive effort.

The paper points out some deficiencies and problems in evaluating consequences of excessive effort with single species and static models. The need for distinguishing between causes, symptoms and consequences of overfishing as a prerequisite for effective management is emphasized and several consequences of excessive effort, such as over-exploitation, over-capitalization, conflicts, vulnerability and reallocation costs, are discussed. Finally, management implications are analyzed and suggestions are made to make use of more comprehensive methodologies and analytical instruments, such as cost-benefit analysis, improved project evaluation techniques and programming models capable of accommodating important factors, which are generally omitted in analyses using traditional models.


Aguero, M. (1987)
RAPA Rep. (10): 164-169 [open access]