Enjoying Catch and Fishing Effort: The Effort Effect in Recreational Fisheries
AbstractRecreational fishermen derive utility from catch and fishing effort. Building our analysis on the Gordon-Clark model for renewable resources, we show that a lower importance of catch may result in higher catches. While this effect also holds under first-best management, it may destabilize open-access recreational fisheries to the point of stock collapse. Technical progress in recreational fisheries may mask such dynamics as it enables unaltered angler behavior and constant catches during stock declines. Copyright Springer Science+Business Media Dordrecht 2014
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Bibliographic InfoArticle provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.
Volume (Year): 57 (2014)
Issue (Month): 3 (March)
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Web page: http://www.springerlink.com/link.asp?id=100263
Recreational fishing; Angling; Importance of catch ; Collapse; Overfishing; Q22; Q26;
Find related papers by JEL classification:
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
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- H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62, pages 124.
- Peter W. Schuhmann & J. E. Easley, Jr., 2000. "Modeling Recreational Catch and Dynamic Stock Adjustments: An Application to Commercial-Recreational Allocation," Land Economics, University of Wisconsin Press, vol. 76(3), pages 430-447.
- Scott R. Milliman & Barry L. Johnson & Richard C. Bishop & Kevin J. Boyle, 1992. "The Bioeconomics of Resource Rehabilitation: A Commercial-Sport Analysis for a Great Lakes Fishery," Land Economics, University of Wisconsin Press, vol. 68(2), pages 191-210.
- 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.
- 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.
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