Economics of Ocean Ranching: Experiences, Outlook and Theory

The author distinguishes between 'ocean fish farming' and 'ocean ranching'. The distinguishing characteristic of ocean ranching is that the released species are unassisted once released into the ocean. The document first relates the experiences in ocean ranching in Japan, the United States and Iceland up to the mid-1990s. It then describes the fundamental externality of ocean ranching and finally discusses methodologies for assessing the costs and benefits of ocean ranching.Ragnar Arnason is the author of 'Economics of Ocean Ranching: Experiences, Outlook and Theory', published 2001 under ISBN 9789251046319 and ISBN 925104631X.