Fisheries Economics & Policy: Maximum Economic Yield

40 thoughts on “Fisheries Economics & Policy: Maximum Economic Yield”

  • Great video Jesse (@This Place). i really like your videos , because you always manage to make it easy to understand and still very informative . also the animation is simple but still unambiguous . (y)

  • ah man, life saver. never managed to completely grasp this concept when its explained by "boring" lecturers

  • These videos are amazing! Thank you so much for putting the effort in with the graphics and explanations 🙂 I'm trying to do something with e-waste (very low level, exploratory stuff at the moment: http://facebook.com/ereuseproject), would you do a series of videos for that topic?

  • what if the problem was the increasing of fisherman population, in an area where they live from catching fishes ?

  • Just to spread some knowledge. The North Sea is empty because it didn't belong to anyone. It originally belonged to the UK fishing fleet, but then got opened up to the EU after which Spanish and French boats ran rampage.

  • Thank you soooo much for this! Totally cleared up a lot of concepts surrounding MSY. One suggestion: instead of lumping women into 'fishermen' replace the noun with 'fisherpeople.' Much appreciated by us women.
    Thanks again for the great, colorful explanation, I'm marginally more confident for my econ exam!

  • Thank you, this is a really good alternative. I think i wasted a lot of time trying to understand it from my books.

  • These videos are outstanding. One of the challenges of economics as it relates to the general public is that they don't understand it. Economics does not have what physics has in, for example, Neil Degrasse Tyson who makes physics and astronomy a far more approachable topic for the public. These videos bring a similar, simplified yet thorough approach. High praise to you, sir.

  • 9:52 Anyone have the actual equation?
    EDIT:
    I believe it's just taking the derivative of the red line and setting it equal to the derivative of the green line, then solving for x.

  • awesome video!! great explanation and neat presentation:))) Also your voice is so soothing ahhh enjoyed this lecture!!

  • these videos are amazing thank you so much!!! reasoning is clear and intuitive and the pace is just right 🙂

  • Can you explain what the formula for MSY is?
    Is it dN/dt = rN(1-(N/K)) – H
    ……..or is it rN(1-(N/K)) = H

    If we only are concerned with how much we can harvest, do we only care about the first formula? For example, if the initial population of fish for a particular year is 368, should we only use the first formula (dN/dt = rN(1-(N/K)) – H) because we only want to see see how much we are taking out of the population?

  • I have to draw diagrams where an open access renewable resource is harvested below the social optimun and 2nd above the social optimum but without becoming completely extinct… I have not clarify which is the social optimum in open access the point where profit is zero and nowone can enter the fishery or the point that we can have the maximum sustainable yield?

  • Very helpful but you spoke so so fast..i kept pausing to grasp and absorb this bioeconomic theory..thanks alot anyway…

  • i know i commented yesterday but youre literally the reason im going to pass. do more videos, or tutor me. I pay handsomly

  • So at the point where marginal revenue = marginal cost and they arent gaining profits anymore… is it called the bioeconomic equilibrium?

  • terima kasih ada video ini, bisa membantu kami melihat tingkat degradasi suatu danau, sehingga bisa mengambil langkah restocking sesuai dengan kebutuhan

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