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Many marine fish resources are overexploited and the total world production of wild-caught fish has declined a little since the peak in the mid-1990s. Aquaculture production has now surpassed wild catch and is still rising. This book discusses the economic and biological forces and consequences of wild fish harvesting, for both open access and sustainable management. Single species, multispecies and ecosystem issues are included. The aquaculture part discusses production, demand, environmental issues, and management, from both firm and society perspectives. Examples from several geographical areas and different species are discussed within the framework of environmental and resource economics. This book should be of value to students both in economics and multi-disciplinary fisheries programs, as well as to people in industry and management.

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