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annotated bibliography of fisheries economics literature - Office of ...

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simplest form, the derived decision rule is to equate marginal net output with<br />

respect to rate <strong>of</strong> use to capitalized marginal net output with respect to<br />

water stocks.<br />

Burt, Oscar R. and Durward Brewer (1971). "Estimation <strong>of</strong> Net Social<br />

Benefits From Outdoor Recreation." Econometrica, 39(5):813-827.<br />

An economic framework is presented for measurement <strong>of</strong> the net social<br />

benefits that can be attributed to development <strong>of</strong> a new outdoor recreation<br />

site, taking into consideration the influence that existing recreation<br />

developments have on the demand for services from the newly developed site.<br />

Methods are given for statistically estimating the empirical measures needed<br />

to apply the model, and an application is made to water oriented outdoor<br />

recreation in Missouri. Results <strong>of</strong> the application suggest that investments<br />

in outdoor recreation can be evaluated under an objective economic decision<br />

criterion.<br />

Burt, O. And R. Cummings (1970). Production and Investment in Natural<br />

Resource Industries. American Economic Review, 60:576-90.<br />

This paper attempts to provide a general model that could be adapted and<br />

the results applicable to any specific resource. Earlier reports concerning<br />

specific resources would fall out as a special case <strong>of</strong> a general theory<br />

concerning the intertemporal allocation <strong>of</strong> natural resources.<br />

Butler, Richard W., Walter A. Nelson, and Tyrrell A. Henwood (1987).<br />

Survey Method for Estimating Loggerhead Turtle, Caretta Caretta,<br />

Abundance in Five Eastern Florida Channels and Inlets. Fishery<br />

Bulletin, 85(3):447-453.<br />

A Trawl<br />

Five eastern Florida navigational channels were surveyed on a quarterly<br />

basis from November 1981 through August 1982. The purpose <strong>of</strong> the surveys was<br />

to provide estimates <strong>of</strong> loggerhead turtle abundance for each channel over all<br />

seasons <strong>of</strong> the year. Standard methods for estimating loggerhead turtle<br />

abundance from trawl samples were developed, and the probability <strong>of</strong> capture in<br />

a 30 m by 1,483 m substation was estimated to be 0.28 ± 0.05 (95% confidence<br />

level). Abundance estimates based on this probability <strong>of</strong> capture were then<br />

developed for each channel and survey. Of the channels surveyed, only Port<br />

Canaveral harbored significant concentrations <strong>of</strong> loggerhead turtles;<br />

populations ranged from 701 ± 291 turtles in February to a low <strong>of</strong> 38 ± 26<br />

turtles in August. A few loggerhead turtles were captured in the other<br />

channels, but infrequency <strong>of</strong> occurrence suggested random encounters rather<br />

than areas <strong>of</strong> concentration.<br />

Byrne, Richard, Wade Griffin, and Joy Clark (1988). "Four Teds and<br />

Analysis <strong>of</strong> Variance." Natural Resource Working Papers Series,<br />

Natural Resource Workgroup, Department <strong>of</strong> Agricultural Economics,<br />

Texas A&M University, College Station, Texas 77843.<br />

The Cape Canaveral data is analyzed statistically to determine the<br />

effects <strong>of</strong> the four TEDs. First, we describe the structure <strong>of</strong> the experiment.<br />

Then, we present the Anova table and perform tests <strong>of</strong> hypotheses. Next, we<br />

analyze the percent <strong>of</strong> shrimp retention <strong>of</strong> the four TEDs using confidence<br />

intervals. Finally, we perform multiple comparisons to determine which TEDs<br />

have the highest yields.<br />

CWA (1995). Report on Survey Regarding TED Compliance. Draft Report,<br />

November, 29 pp.<br />

9 9

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