By Eugene H Kaplan
Portrays the ecology and formation of coral reefs and describes many of the animals that inhabit the reefs of southern Florida and the Caribbean
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Extra resources for A field guide to coral reefs of the Caribbean and Florida : a guide to the common invertebrates and fishes of Bermuda, the Bahamas, southern Florida, the West Indies, and the Caribbean coast of Central and South America
The equilibrium position is sometimes located at a point at which stocks are depleted. As is often said, too many fishers are chasing too few fish. 3 For such sectors as agriculture, which are subject to property rights (with control over access), the owners use only as much capital and labor as is necessary to maximize their net economic revenues (where the difference between their total revenues and total costs is greatest). But in open-access fisheries, any difference between total revenues and total costs amounts to an economic rent4 that is shared by the fishers.
It has also stimulated production of restructured protein materialthrough the surimi process, for examplethereby allowing low-valued species to substitute for high-valued species, again with a decline in the product's price. Another effect of resource scarcity and rising prices is the increase in potential resource rents.
Toward achieving that goal, the SIFR Advisory Committee has established as its first priority strengthening the national capacity for applied research to support national and regional fishery management. Study Implementation A study team, supported by a secretariat, began work in March 1989. An advisory committee of individuals selected for their expertise in fisheries was created to guide the study (annex 3). The Advisory Committee met twice, in May 1989 and in March 1990, to review and comment on drafts of this report.
A field guide to coral reefs of the Caribbean and Florida : a guide to the common invertebrates and fishes of Bermuda, the Bahamas, southern Florida, the West Indies, and the Caribbean coast of Central and South America by Eugene H Kaplan