(no subject)
i just figured out one way to reduce the inhumane poaching of sharks for their fins. in case u didn't know, those sharks have their fins chopped off den they're dumped into the ocean to die a slow and painful death, immobile due to their lack of fins.
anyway the reason why they shark's thrown back into the ocean to die a slow death is because by keeping the shark on the boat, it can carry less sharks fin (which is a much more valuable commodity) so the shark is dumped so the boat is lighter to carry more sharks fin n thus earn more money.
so i figured one way to lower the incidences of this is to artificially raise the price of sharks meat. by doing so, the opportunity cost of carrying the shark back instead of dumping it back into the sea to die a slow death becomes lowered. there will be more incentive to carry the shark back, esp if there wont be a loss incurred by not choosing to carry sharks fin instead.
as a result, it will be more humane for the shark because it will be killed instead of being left to die a slow and painful death (which is really bad if you go read up). furthermore, by carrying more sharks instead of sharks fins, there will be less shark victims assuming the number of boats remain the same and level of technology is constant.
evaluating this method, one drawback is tt the shark meat price must be raised to an unrealistically high level for this effect to take place. such drastic artificial means are never desirable. moreover, as demand for sharks fin is always higher n supply further lowered, the price of sharks fin will probably also increase as a result. this results in a spiral in which the price of the fin rises even more, so the price of meat has to increase n so on, resulting in both prices being unrealistically sky high due to the spiral.
moreover, sharks fin are easier to transport n it's more convenient to stick to old methods, so this effect may not set in at all if fishermen choose to still retain their old method of keeping only the fins.
however, compared to other methods like subsidies or monetary incentives to not kill the shark, it's actually a more economic method and will affect on a worldwide basis more easily.
hmm such stuff aren't easy to solve huh...
~ning
anyway the reason why they shark's thrown back into the ocean to die a slow death is because by keeping the shark on the boat, it can carry less sharks fin (which is a much more valuable commodity) so the shark is dumped so the boat is lighter to carry more sharks fin n thus earn more money.
so i figured one way to lower the incidences of this is to artificially raise the price of sharks meat. by doing so, the opportunity cost of carrying the shark back instead of dumping it back into the sea to die a slow death becomes lowered. there will be more incentive to carry the shark back, esp if there wont be a loss incurred by not choosing to carry sharks fin instead.
as a result, it will be more humane for the shark because it will be killed instead of being left to die a slow and painful death (which is really bad if you go read up). furthermore, by carrying more sharks instead of sharks fins, there will be less shark victims assuming the number of boats remain the same and level of technology is constant.
evaluating this method, one drawback is tt the shark meat price must be raised to an unrealistically high level for this effect to take place. such drastic artificial means are never desirable. moreover, as demand for sharks fin is always higher n supply further lowered, the price of sharks fin will probably also increase as a result. this results in a spiral in which the price of the fin rises even more, so the price of meat has to increase n so on, resulting in both prices being unrealistically sky high due to the spiral.
moreover, sharks fin are easier to transport n it's more convenient to stick to old methods, so this effect may not set in at all if fishermen choose to still retain their old method of keeping only the fins.
however, compared to other methods like subsidies or monetary incentives to not kill the shark, it's actually a more economic method and will affect on a worldwide basis more easily.
hmm such stuff aren't easy to solve huh...
~ning