tag:blogger.com,1999:blog-7169279.post295590470148066021..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Where have all the salmon gone?Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7169279.post-22583787136114797052008-04-22T21:49:00.000-06:002008-04-22T21:49:00.000-06:00Jacques makes an excellent point about licensing.W...Jacques makes an excellent point about licensing.<BR/><BR/>What I'll add is that population dynamics for top carnivores like salmon are very volatile. I'm not saying this is excusable, but I'd bet that the story about an acute food shortage that isn't likely to be repeated is probably true.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-22752421390835194442008-04-11T00:06:00.000-06:002008-04-11T00:06:00.000-06:00The King Salmon is an example of a common good, wh...The King Salmon is an example of a common good, which is difficult for future quantities to be controlled without some sort of regulation. <BR/><BR/>I remember reading somewhere about Australian lobster fisheries and their system of limited licensing. While other parts of the world had struggled to maintain thriving lobster populations, Australia, since the introduction of its licensing in the Jacqueshttps://www.blogger.com/profile/11291592129661192197noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-18297373171258841662008-04-07T17:43:00.000-06:002008-04-07T17:43:00.000-06:00There are so many costs associated with loss of an...There are so many costs associated with loss of an entire species. The most pressing cost is people are unable to enjoy this type of salmon anymore. Then the price of similar goods becomes more expensive. Businesses must change and absorb costs. Ecosystems are then disrupted because a link in the food chain is now missing. For example, if there were no more salmon then the water-flies that they Lilyhttps://www.blogger.com/profile/14558775041129239930noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-54010743571841047022008-04-07T16:59:00.000-06:002008-04-07T16:59:00.000-06:00There have been a decline in all wildlife and this...There have been a decline in all wildlife and this has made a lot of people a lot of money, but it has also cost people a lot of money. What is the true cost of the diminishing wildlife?carterhttps://www.blogger.com/profile/05176187104000148384noreply@blogger.com