66 results

Case study of the cost effectiveness of log book schemes in selected fisheries

Project number: 1994-142
Project Status:
Completed
Budget expenditure: $150.00
Principal Investigator: Derek Staples
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 29 Jun 1994 - 19 Oct 1994
Contact:
FRDC

Objectives

1. Assess infomation needs for stock assessment of selected commonwealth fisheries
2. Assess current methods of data collection and validation methods
3. Assess cost and benefits of alternative data collection methods
4. Communicate benefits and costs in establishing effective fishery data collection schemes to both industry and managers so as to develop better collaboration wiht industry managers and users of the data

Development of a "prices paid" monitoring system

Project number: 1994-110
Project Status:
Completed
Budget expenditure: $97,242.00
Principal Investigator: Paula Holland
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 17 Jun 1995 - 6 May 2002
Contact:
FRDC

Objectives

1. To develop and implement a procedure for ongoing monitoring of prices paid for fisheries products
2. To develop procedures to expedite the processing of the volume and value of production data into the range of formats required by users

Ex-post benefit-cost evaluation of R&D projects

Project number: 1993-230
Project Status:
Completed
Budget expenditure: $100,000.00
Principal Investigator: Padma Lal
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 28 Dec 1994 - 9 Nov 1995
Contact:
FRDC

Objectives

1. To undertake an Ex-poste cost benefit analysis of selected FRDC projects

Final report

ISBN: 0 642 23533 3
Author: Padma Lal
Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Final Report • 1995-11-20 • 7.08 MB
1993-230-DLD.pdf

Summary

Increasing demands on public funds have led to calls from governments and industry for greater accountability in research expenditures and hence a need for a systematic evaluation of the benefits from research.

The underlying rationale for government involve­ment in supporting fisheries research and develop­ment has been the presence of 'market failure' in research investment. That is, because individuals or private companies may not be able to gain most of the benefits of a successful research outcome, they will underinvest in research and development relative to the level that would maximise the net benefits to society.

A major objective in this study is to demonstrate the types and possible magnitudes of economic benefits that have been generated from selected research projects funded by the Fisheries Research and Development Corporation ( or its predecessor the Fishing Industry Research and Development Council) over the past decade.

Another objective is to provide feedback on the process of evaluating the benefits and costs of fish­eries research and development after the findings of the research have been implemented.

Fisheries Research Handbook - The evaluation, prioritisation and selection of a research portfolio.

Project number: 1992-151
Project Status:
Completed
Budget expenditure: $0.00
Principal Investigator: Padma Lal
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 28 Dec 1993 - 30 Dec 1993
Contact:
FRDC

Objectives

1. To provide an operational priority assessment framework which could be used to identify broad areas of research opportunity
2. To use this framework to identify the research areas that are likely to provide the greatest potential benefits on a fishery-by-fishery basis
3. To provide an operational mechanism that can be used to rank fisheries research proposals and choose the research portfolio with the highest expected pay-offs while taking into account the risks associated with each research project
4. To provide annual gross value of production estimates for Australian fisheries for a three year period.

Electronic marketing of fisheries products

Project number: 1992-126
Project Status:
Completed
Budget expenditure: $46,245.00
Principal Investigator: Perry Smith
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 26 Sep 1992 - 19 Sep 1995
Contact:
FRDC

Objectives

1. To assess the feasibility of adopting electronic marketing of fisheries products on the domestic market and identify the research program which would be required to implement such a system

Final report

ISBN: 0 642 22595 8
Author: P Smith Q T Tran Nick Ruello
Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Final Report • 1995-08-28 • 2.46 MB
1992-126-DLD.pdf

Summary

In an earlier ABARE study of the efficiency of seafood marketing (Smith and Reid 1993) it was suggested that alternative marketing arrangements have the potential to improve the efficiency of seafood marketing. Among the options canvassed was the possibility of developing electronic marketing of seafood. Electronic marketing systems may be well suited to the fishing industry's operations, particularly to domestic marketing, where the majority of product is sold in fresh chilled form, requiring the rapid movement of product, and where there are wide variations in both fishing and marketing operations.

Electronic marketing encompasses any form of marketing activity which is undertaken remotely through a computer network. Under an electronic marketing system, buyers and sellers are able to trade by offering or bidding for products through their own computers, networked to a central computer system, recording bids according to a specified sale structure. Such systems allow a large number of buyers and sellers to simultaneously participate in a sale. Electronic marketing systems have been developed and implemented for some agricultural products, such as livestock, but are not widely used at present.

The objective in this project is to identify potential applications of electronic marketing in the fishing industry, some of the likely benefits that may result, and the conditions that would need to be met for these benefits to be realised. Identifying the full extent of the potential benefits and costs of electronic marketing was outside the ambit of this study. The benefits of electronic marketing will vary widely between different user groups, and a full assessment would require detailed information on the current operations of a wide array of potential users. Similarly, the costs will be influenced by the administrative arrangements adopted in establishing the computer network and the technologies used, both of which are subject to considerable uncertainty.

Survey of cadmium concentrations in crustaceans

Project number: 1992-112
Project Status:
Completed
Budget expenditure: $291,532.00
Principal Investigator: Heloisa A. Mariath
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 2 Mar 1993 - 3 Oct 1996
Contact:
FRDC

Objectives

1. Collate data on contaminants in crustaceans for use in a submission to the National Food Authority to review the maximum permitted concentration of cadmium in crustaceans
2. Provide early warning and background information to industry and relevant government agencies on potential contaminant problems in crustaceans
3. Investigate seasonal variation in concentrations of cadmium as basis for possible catch-time management of some species of prawn

Fisheries Resource Atlas of Australia (Refer 88/051)

Project number: 1991-092
Project Status:
Completed
Budget expenditure: $174,924.36
Principal Investigator: Patricia Kailola
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 28 Jun 1992 - 30 Jun 1994
Contact:
FRDC

Objectives

1. Oversee printing & distribution of the Fisheries Resources Atlas of Australia produced under project 88/51

Evaluation of the benefits and costs of research in Australia

Project number: 1990-114
Project Status:
Completed
Budget expenditure: $120,716.00
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 28 Jun 1991 - 31 Dec 1991
Contact:
FRDC

Objectives

1. Identify those areas of applied fisheries research likely to yield the greatest net benefits

Final report

ISBN: 0 642 20155 2
Authors: Padma Lal Paula Holland and Drew Collins
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 
Final Report • 1991-12-31 • 4.78 MB
1990-114-DLD.pdf

Summary

There is increasing pressure on funding agencies to account for their allocation of funds to projects and the selection of their research portfolios. In its 1989 policy statement on fisheries management, the Commonwealth government noted that fisheries research funds should be directed toward research areas that were likely to provide the highest benefits, net of costs. The government also identified benefit­-cost analysis as providing the most rigorous means of assessing the likely economic benefits of par­ticular research proposals.
 
The potential role of benefit-cost techniques in the evaluation of project proposals and the selection of a fisheries research portfolio is examined in this report. Lack of information about the value of all the benefits and costs expected from fisheries research means that a precise benefit-cost assessment of fisheries research proposals is unlikely to be possible. It is concluded that in any evaluation of research, a range of types of assessments may be necessary, depending on the information available.
 
The focus in this report is on the practicalities of quantifying the expected benefits and costs of proposed research. The simplifications and approxi­mation that may be needed to estimate expected payoffs of proposed research are identified. Six case studies are used as illustrations.
 
The factors which affect the expected benefits and costs of fisheries research may be considered to fall into two categories:
- those that determine the maximum possible size and value of the expected benefits and costs to society from a research project (termed the 'attractiveness' of the research); and
- those that determine the likelihood of those research benefits being realised and maintained (termed the 'feasibility' of the research).
 
To assist in maintaining consistency in assessment, research attractiveness could first be estimated by assuming complete research feasibility and that each research proposal contributes 100 per cent of the expected research benefits (as opposed to contributing less than 100 per cent when a project constitutes only one part of many research projects necessary to achieve the expected benefits).
 
Complete research feasibility assumes total research success, total adoption of results, a management structure which allows the resource rents and/or conservation benefits to be maximised, and the absence of international competition so that benefits are not leaked. Subsequently judgments about the likelihood of these factors could then be used to temper those expectations, depending on how realistic these assumptions for feasibility are.
 
Research may need to be qualitatively assessed due to lack of complete fisheries data. Project evaluation thus remains subjective to some extent. While the benefit-cost approach to evaluating research pro­posals may need to be significantly modified to deal with such gaps, it provides funding agencies with a systematic framework for scrutinising and evalu­ating research proposals.
 
At best, benefit-cost analysis could be used to provide an indication of the net returns to fisheries projects; at worst it could provide a basis for formalising the process of research assessment, ensuring that the factors likely to affect the benefits and costs of research proposals are explicitly considered.
 
However, choosing a research portfolio is likely to be difficult when a variety of market measures, non­market measures and judgments have been used in evaluating different projects. The comparison of research projects is also likely to be difficult where different assumptions and simplifications have been used to evaluate different proposals.
 
In this report, a scoring system is discussed for comparing and ranking projects in such cases.
 

A market and trade perception study of Australian sea caught prawns in Japan

Project number: 1990-113
Project Status:
Completed
Budget expenditure: $77,000.00
Organisation: Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Project start/end date: 28 Jun 1991 - 30 Dec 1991
Contact:
FRDC

Objectives

1. Investigate why Japanese demand & selling price of Aust sea caught prawns has declined severely in past 3 years.
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Organisation