San Diego State University Commercial Fishing in Alaska Discussion

Question Description

I’m working on a economics discussion question and need the explanation and answer to help me learn.

Listen to the Planet Money episode called “The Less Deadly CatchLinks to an external site.“

Write a discussion post (200+ words) that covers the following:

– What was the ‘derby’ and why did it exist in Alaskan fisheries? What were the consequences of derby fishing?

– Why might regulation that creates derby fishing get passed? Can it improve ecological sustainability? What about economic efficiency?

– Explain the policy solution introduced to solve the problem of derby fishing. Why did this make fishing safer?

– The proposed policy was favored by boat captains, but who might have lost out/opposed such a policy? Why?

Explanation & Answer:

300 Words

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