By examining international fishery resources from a primarily economic and political viewpoint, this book highlights the common property aspects of fisheries, physical productivity of the ocean, supply and demand, and the legal and institutional framework within which the fisheries industry operates.Originally published in 1966

The maintenance of the freedom of fishing in the face of the changing circumstances that were occurring at the time of this title's original publication in 1973 had produced several damaging consequences. It had led to considerable waste, in both biological and economic terms, and had been the source of increasing conflict. This waste can only be prevented by the adoption of management measures and by the removal of the condition of free and open access. This book explores various techniques for this, and will be of interest to students of environmental management.