Harvesting uncertainty and discards in multiple-species fisheries
We develop a model of a multiple-species, stochastic harvesting technology. We examine harvesting behavior, at-sea discards and economic performance under various quota balancing mechanisms â€” provisions intended to help fishermen match random catches with quota holdings â€” in a multiple species fishery. We show that regulations that allow frictionless quota trading reduce at at-sea discards and increase economic performance. Regulations that offer fishermen flexibility to choose the mix of species landed do not eliminate discards, and can create unintended management problems. Our results provide new insights for improving the design quota-managed fisheries.
|Date of creation:||24 Aug 2012|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Web page: http://www.econ.iastate.edu
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Singh, Rajesh & Weninger, Quinn, 2009. "Bio-Economies of Scope and the Discard Problem in Mulitple Species Fisheries," Staff General Research Papers 12839, Iowa State University, Department of Economics.
- Singh, Rajesh & Weninger, Quinn, 2012. "Harvest Efficiency and Discards under Harvest Uncertainty and Trading Frictions," Staff General Research Papers 35039, Iowa State University, Department of Economics.
- Squires, Dale & Campbell, Harry & Cunningham, Stephen & Dewees, Christopher & Grafton, R Quentin & Herrick, Samuel F & Kirkley, James & Pascoe, Sean & Salvanes, Kjell & Shallard, Bruce & Turris, Bruce, 1998. "Individual transferable quotas in multispecies fisheries," Marine Policy, Elsevier, vol. 22(2), pages 135-159, March.
- Sanchirico, James N. & Holland, Daniel & Quigley, Kathryn & Fina, Mark, 2006. "Catch-quota balancing in multispecies individual fishing quotas," Marine Policy, Elsevier, vol. 30(6), pages 767-785, November.
When requesting a correction, please mention this item's handle: RePEc:isu:genres:35428. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Stephanie Bridges)The email address of this maintainer does not seem to be valid anymore. Please ask Stephanie Bridges to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.