Wednesday, February 11, 2015

Wednesday February 11

Here is the link to the Sloan Fishbank Simulation.
Click on the "Play as an individual" tab and register as firstname_lastname

  1. What is the relationship between the exponential growth of your fleet and the fishery?
  2. How long and with how many ships does it take to drive the expected catch (and the corresponding revenue) to a negative value?
  3. How long did it take the fishery to recover?
  4. From a financial perspective, where did you allocate your ships?
  5. How does the valuation of ships correspond with the value of fish harvested from the fishery?
  6. Why do the fish stocks not return after the fishery has been depleted?

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