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A Broader View of Living Marine Resource Policy and the Role of Economics. Lewis E. Queirolo, Ph.D. Senior Regional Economist U.S. NOAA Fisheries Service Alaska Region. Accounting for Resource Asset Values Outside of the Marketplace. Non-market consumptive use Non-consumptive use

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A broader view of living marine resource policy and the role of economics

A Broader View of Living Marine Resource Policy and the Role of Economics

Lewis E. Queirolo, Ph.D.

Senior Regional Economist

U.S. NOAA Fisheries Service

Alaska Region


Accounting for resource asset values outside of the marketplace

Accounting for Resource Asset Values Outside of the Marketplace

Non-market consumptive use

Non-consumptive use

Non-use


Issues in global resource stewardship
Issues in Global MarketplaceResource Stewardship

  • The “Principal – Agent” Relationship

    • Distant-water fleets exploiting comparative advantage, market/political/scientific

    • Incomplete, asymmetric, proprietary information

  • Vertical Integration and Market Control

    • Loss of Management Autonomy

    • Excessive Shares

    • Industrial Scaled Fisheries

    • Loss of Diversity


Adapting policy to climate change opportunities
Adapting Policy to Climate Change – Opportunities? Marketplace

  • Adaptive Fisheries Policy

    • Changing Abundance, Species Composition, and Distribution

    • Capture, Ranching, and Farming

  • Cooperative Management

    • Trans-boundary;

    • Straddling;

    • Highly Migratory Stocks

  • Infrastructure

    • Sea Level Changes

    • Physical Capacity Displacement and Realignment