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Spatial Search In Commercial Fishing: A Discrete Choice Dynamic Programming Approach

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Author Info
Smith, Martin D.
Provencher, Bill
Abstract

We specify a discrete choice dynamic programming model of commercial fishing participation and location choices. This approach allows us to examine how fishermen collect information about resource abundance and whether their behavior is forward-looking.

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File URL: http://purl.umn.edu/21932
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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number 21932.

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Date of creation: 2003
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Handle: RePEc:ags:aaea03:21932

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Keywords: Resource /Energy Economics and Policy;

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  1. Dupont, D.P., 1993. "Price Uncertainty,Expectations Formation and Fishers' Allocation Choice," Working Papers 1993-1, Brock University, Department of Economics.
  2. Martin D. Smith, 2002. "Two Econometric Approaches for Predicting the Spatial Behavior of Renewable Resource Harvesters," Land Economics, University of Wisconsin Press, vol. 78(4), pages 522-538. [Downloadable!] (restricted)
  3. Provencher, Bill & Bishop, Richard C., 1997. "An Estimable Dynamic Model of Recreation Behavior with an Application to Great Lakes Angling," Journal of Environmental Economics and Management, Elsevier, vol. 33(2), pages 107-127, June. [Downloadable!] (restricted)
  4. Sanchirico, James N. & Wilen, James E., 1999. "Bioeconomics of Spatial Exploitation in a Patchy Environment," Journal of Environmental Economics and Management, Elsevier, vol. 37(2), pages 129-150, March. [Downloadable!] (restricted)
  5. Eales, James & Wilen, James E., 1986. "An Examination of Fishing Location Choice in the Pink Shrimp Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 2(4). [Downloadable!]
  6. Smith, Martin D. & Wilen, James E., 2003. "Economic impacts of marine reserves: the importance of spatial behavior," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 183-206, September. [Downloadable!] (restricted)
  7. Dupont, Diane P., 1993. "Price Uncertainty, Expectations Formation and Fishers' Location Choices," Marine Resource Economics, Marine Resources Foundation, vol. 8(3). [Downloadable!]
  8. Curtis, Rita & Hicks, Robert L, 2000. " The Cost of Sea Turtle Preservation: The Case of Hawaii's Pelagic Longliners," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 82(5), pages 1191-97. [Downloadable!] (restricted)
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