ECONOMIC EVALUATION OF AQUACULTURE INVESTMENTS UNDER CONDITIONS OF RISK AND UNCERTAINTY IN THE MEDITERRANEAN SEA | Science Publications

American Journal of Applied Sciences

Salvatore Tudisca¹  Anna Maria Di Trapani¹  Filippo Sgroi¹  Riccardo Testa¹ 

关键词: Competitiveness;    Farms;    European Sea Bass;    Expected Incomes;    Probability;   

DOI  :  10.3844/ajassp.2014.1727.1734

学科分类：自然科学（综合）

来源: Science Publications

【 摘 要 】

This study aims to analyze, from a technical and economic point of view, the choice between alternative investments in aquaculture under conditions of risk and uncertainty. In particular, a comparative analysis has been conducted between an inshore and an offshore farm producing European sea bass in the Mediterranean Sea. The applied model refers to the theory of subjective probability, assigning a different probability to expected incomes during the investment period. Results show an economic convenience of inshore with respect to offshore farming.

【 授权许可】

Unknown