An understanding of the economics of natural and environmental resources is key to effective management. RIAES expects to continue its work in this area with a thrust toward management of fisheries, aquaculture and agricultural resources.

Goals of this Program
  • We propose to develop a comprehensive model of fisheries policy making and to subject selected hypotheses to extensive testing thus resulting in a new political-economic tool that will provide techniques for improving the design of fishery management institutions.
  • We hope to expand and develop seafood markets by developing new marketing ideas, identifying market niches, and developing alternative seafood products.
Activities
  • Evaluate the impacts of ecolabeling on consumer demand for frozen seafood.
  • Determine the impacts of consumer concerns of PCB contamination of farmed salmon on US import demand for farmed salmon.
  • Evaluate the impact of farmed shrimp on the US market and how shrimp aquaculture is changing prices.
  • Investigate the impact of homogeneous resource modeling in a heterogeneous fishery by synthesizing a stochastic production frontier model with the estimation classification algorithm. Model spatial decisions of fishermen in the Northeast Atlantic herring fleet.
  • Run experiments using the game theoretic model.

Contact
Dr. James J. Opaluch
Department Chair
Environmental and Natural Resource Economics
Room 207 Coastal Institute
jimo@uri.edu

Dr. Thomas W. Sproul
Assistant Professor
Environmental and Natural Resource Economics
Room 208 Coastal Institute
sproul@mail.uri.edu

Dr. Corey Lang
Assistant Professor
Environmental and Natural Resource Economics
Room 214 Coastal Institute
clang@mail.uri.edu