This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia Brady Tucker Foundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The first of our Fisheries Economics & Policy series, this video introduces the concept of how a population of fish can be managed sustainably. The series will cover management strategies to preserve fishing in the long term and will include concepts such as open access, common pool resources, tragedy of the commons, maximum economic yield, taxes and subsidies, reducing effort, territorial use rights, transferable quotas and externalities.

To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

Fishing video footage courtesy of Atlantic Group Norway:    / @atlanticgroupnorway  
Original video can be found here:    • Norwegian H+G factory trawler 'Andøyb...  

For copyright information on all sound effects, see http://www.conservation-strategy.org/...