Selected Issues in Modeling Allocation of Fishery Harvests
AbstractThis paper examines selected issues that are likely to be important in improving economists' models of allocation of fishery harvests between commercial and recreational harvesters. Valuation in the commercial sector is emphasized, with harvests of a species subject to allocation viewed as an input into production of consumer fishery goods. Substitution possibilities in production of these consumer goods, and data generally available to economists are discussed as motivations for application of the general equilibrium derived demand to valuation in the commercial sector. Conceptual and empirical problems in applying the function are discussed.
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Bibliographic InfoArticle provided by Marine Resources Foundation in its journal Marine Resource Economics.
Volume (Year): 07 (1992)
Issue (Month): 2 ()
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Web page: http://www.uri.edu/cels/enre/mre/mre.htm
commercial recreational fishery allocation; derived demand for fishery harvests; Environmental Economics and Policy; Resource /Energy Economics and Policy;
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- Johnson, Ronald N & Libecap, Gary D, 1982. "Contracting Problems and Regulation: The Case of the Fishery," American Economic Review, American Economic Association, vol. 72(5), pages 1005-22, December.
- Karpoff, Jonathan M, 1987. "Suboptimal Controls in Common Resource Management: The Case of the Fishery," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 179-94, February.
- McConnell, Kenneth E. & Sutinen, Jon G., 1979. "Bioeconomic models of marine recreational fishing," Journal of Environmental Economics and Management, Elsevier, vol. 6(2), pages 127-139, June.
- Anderson, James E, 1976. "The Social Cost of Input Distortions: A Comment and a Generalization," American Economic Review, American Economic Association, vol. 66(1), pages 235-38, March.
- Bishop, Richard C. & Samples, Karl C., 1980. "Sport and commercial fishing conflicts: A theoretical analysis," Journal of Environmental Economics and Management, Elsevier, vol. 7(3), pages 220-233, September.
- Thurman, Walter N. & Easley, J. Jr., 1992. "Valuing changes in commercial fishery harvests: A general equilibrium derived demand analysis," Journal of Environmental Economics and Management, Elsevier, vol. 22(3), pages 226-240, May.
- Schuhmann, Peter W., 1998. "Deriving Species-Specific Benefits Measures For Expected Catch Improvements In A Random Utility Framework," Marine Resource Economics, Marine Resources Foundation, vol. 13(1).
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