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Toward Behavioral Modeling Of Alaska Groundfish Fisheries: A Discrete Choice Approach To Bering Sea/Aleutian Islands Trawl Fisheries

Author

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  • DOUGLAS M. LARSON
  • WILLIAM R. SUTTON
  • JOSEPH M. TERRY

Abstract

"This article implements a discrete choice model of fishery participation in the multispecies trawl fisheries of the Bering Sea/Aleutian Islands Region off Alaska. Nonparametric estimates of the operation-specific moments of quasirent by fishery and week are used to explain probabilities of choosing different target fisheries. There are pronounced risk aversion, seasonal, and relative performance effects. Notably, the model runs with regularly collected data, so this type of discrete choice modeling can be used routinely in the management and policy evaluation process. Improvements are needed, though, in both the quality and the extent of economic data on fisheries in Alaska and elsewhere in the United States. (JEL" Q22, C25, Q28) Copyright 1999 Western Economic Association International.

Suggested Citation

  • Douglas M. Larson & William R. Sutton & Joseph M. Terry, 1999. "Toward Behavioral Modeling Of Alaska Groundfish Fisheries: A Discrete Choice Approach To Bering Sea/Aleutian Islands Trawl Fisheries," Contemporary Economic Policy, Western Economic Association International, vol. 17(2), pages 267-277, April.
  • Handle: RePEc:bla:coecpo:v:17:y:1999:i:2:p:267-277
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    References listed on IDEAS

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    1. Homans, Frances R. & Wilen, James E., 1997. "A Model of Regulated Open Access Resource Use," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 1-21, January.
    2. Dale Squires, 1987. "Long-Run Profit Functions for Multiproduct Firms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(3), pages 558-569.
    3. Diane P. Dupont, 1991. "Testing for Input Substitution in a Regulated Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(1), pages 155-164.
    4. Bockstael, Nancy E. & Opaluch, James J., 1983. "Discrete modelling of supply response under uncertainty: The case of the fishery," Journal of Environmental Economics and Management, Elsevier, vol. 10(2), pages 125-137, June.
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    Citations

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    Cited by:

    1. Junjie Zhang & Martin Smith, 2011. "Heterogeneous Response to Marine Reserve Formation: A Sorting Model approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 49(3), pages 311-325, July.
    2. Abbott, Joshua K. & Wilen, James E., 2011. "Dissecting the tragedy: A spatial model of behavior in the commons," Journal of Environmental Economics and Management, Elsevier, vol. 62(3), pages 386-401.

    More about this item

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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