3 ms·
What are the externalities in this lobster example? It looks less like externalities to me, and more that people would rather pay $X for a pound of lobster than
by xboxnolifes 4y ago
What are the externalities in this lobster example? It looks less like externalities to me, and more that people would rather pay $X for a pound of lobster than <$X for 2 pounds of lobster bait.
This is unlike the ivory example, where the externality is an entire species going extinct.
- paulryanrogers 4y agoDriving the bait extinct
- AlbertCory 4y agoDo you have any evidence for that? Because [1] says that mackerel are of "least concern." > Despite its highly commercial status, the Atlantic mackerel is listed as Least Concern by the International Union for Conservation of Nature (IUCN) and global catch has remained sustainable. Now, for herring: [2]'s most recent date was 2010. However, Google says: "Is herring being overfished? Image result for are herring going extinct Population Status. According to the 2022 stock assessment, Atlantic herring is overfished, but not subject to overfishing. Summary stock assessment information can be found on Stock SMART. Herring populations are naturally highly variable." [3] says "U.S. wild-caught Atlantic herring is a smart seafood choice because it is sustainably managed and responsibly harvested under U.S. regulations." [1] https://en.wikipedia.org/wiki/Atlantic_mackerel https://en.wikipedia.org/wiki/Atlantic_mackerel [2] https://en.wikipedia.org/wiki/Atlantic_herring https://en.wikipedia.org/wiki/Atlantic_herring [3] https://www.fisheries.noaa.gov/species/atlantic-herring https://www.fisheries.noaa.gov/species/atlantic-herring
- barbazoo 4y agoWith all due respect, did you read the article?
- AlbertCory 4y agoAs a matter of fact, yes. Did you read the comment this was a response to? But OK, I went back and reread it. I found one unsupported statement: "But Atlantic mackerel and some populations of Atlantic herring have dropped to a fraction of their former levels. Many stocks are now in the critical zone—meaning that serious harm is likely occurring to the stock—and in some cases, have been that way for decades." And yet, I cited some authoritative data from agencies that are in a position to know. Those agencies say the species are not endangered. So I think it's your move.