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Building the Fish Banks Model and Renewable Resource Depletion

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42<br />

D-4543-2<br />

Run <strong>the</strong> model <strong>and</strong> sketch <strong>the</strong> computer simulated behavior on <strong>the</strong> previous axes using<br />

ei<strong>the</strong>r dashed lines or a different colored pen.<br />

How does this policy alternative seem to work? Were your predictions correct? If not, why were<br />

<strong>the</strong>y incorrect? If you would like to run <strong>the</strong> time axis out fur<strong>the</strong>r:<br />

• Select Simulation Time under <strong>the</strong> run menu <strong>and</strong> change <strong>the</strong> final time value.<br />

What are your accumulated profits here as compared to previous simulations? Explain why <strong>the</strong><br />

fishermen's accumulated profits are more or less under this regulation.<br />

Comment on <strong>the</strong> likelihood of being able to implement regulation of fishing technology. What<br />

groups would be opposed to or in support of such regulation? Do you think that your job would<br />

be in jeopardy if you proposed such a regulation?

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