Posts Tagged ‘Tsukiji auction’

  • The Tragedy of the commons causes empty fishing nets.

    An Unexpected Connection Between Bluefin Tuna and CO2

    Jan 8, 14 • 385 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Environment, International Trade and Finance, Labor, Macroeconomic Measurement, Regulation, Thinking EconomicallyNo Comments

    On the first Saturday in 2013, in Japan, at the Tsukiji auction, a 489 pound bluefin tuna was sold for $1.76 million. As a source of information, what does $1.76 million say to you? One journalist said it could mean: growing demand natural resource