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Research ArticleOpen accessIn the keywordsECONOMIC EVALUATION OF AQUACULTURE INVESTMENTS UNDER CONDITIONS OF RISK AND UNCERTAINTY IN THE MEDITERRANEAN SEAFilippo Sgroi, Salvatore Tudisca, Anna Maria Di Trapani, Riccardo TestaThis study aims to analyze, from a technical and economic point of view, the choice between alternative investments in aquaculture under conditions of risk and uncertainty. In particular, a comparative analysis has been conducted between an inshore and an offshore farm producing European sea bass in the Mediterranean Sea. The applied model refers to the theory of subjective probability, assigning … …American Journal of Applied Sciences, Vol. 11, Issue 9 · 1 Oct 2014 · 6,897 accessesView PDFCite