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

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Shrimp fishing and specifically shrimper non-compliance with the use <strong>of</strong><br />

Turtle Excluder Devices (TEDs) have been deemed the most plausible causes <strong>of</strong><br />

ongoing mortality in endangered sea turtles. Our objectives were 1) to<br />

quantify the prevalence <strong>of</strong> TED use, 2) to identify barriers to TED use, 3)<br />

quantify the perception <strong>of</strong> the barriers, and 4) identify means to enhance<br />

compliance.<br />

Cabot, Courtenay Bromfield (1996). Shrimp and Sea Turtles in the Gulf <strong>of</strong><br />

Mexico: An Economic Analysis <strong>of</strong> the Effects <strong>of</strong> Turtle Excluder Devices<br />

on the Shrimp Fishery and the Benefits <strong>of</strong> Protecting Sea Turtles. <br />

Senior Honors Thesis, Northwestern University, May, 50 pp.<br />

This study analyzes the effects <strong>of</strong> the use <strong>of</strong> Turtle Excluder Devices<br />

(TEDs) in the Gulf <strong>of</strong> Mexico shrimp fishery. It also examines the benefits <strong>of</strong><br />

protecting a sea turtle. Regression analysis indicates that TED regulations<br />

are having a statistically significant negative impact on the fishery s<br />

landings and revenue. Data also indicate that the fishery is overcapitalized<br />

and possibly over harvested. A preliminary analysis <strong>of</strong> the value <strong>of</strong> a sea<br />

turtle is accomplished through the use <strong>of</strong> the contingent valuation method.<br />

Caddy, J.F. and R. Mahon (1995). Reference Points for Fisheries Management.<br />

FAO Fisheries Technical Paper No. 347, Food and Agriculture Organization<br />

<strong>of</strong> the United Nations, Rome, 83 pp.<br />

This paper reviews the conceptual background and application <strong>of</strong><br />

technical reference points in fishery management. Despite considerable<br />

investment in stock assessment methodology and expertise, <strong>fisheries</strong> worldwide<br />

are overexploited. This appears to be due to a mismatch between the precision<br />

<strong>of</strong> assessment and the precision <strong>of</strong> management. Two types <strong>of</strong> reference points<br />

are recognized: target reference points (TRPs) and limit reference points<br />

(LRPs). The use <strong>of</strong> MSY as a target reference point is considered in the light<br />

<strong>of</strong> past performance <strong>of</strong> fishery management, and it is suggested that MSY and<br />

other reference points formerly used as targets, may be more appropriately<br />

applied as LRPs. The recent trend towards the quantification <strong>of</strong> uncertainty<br />

and estimation <strong>of</strong> risk in the provision <strong>of</strong> advice is considered to be good,<br />

but the cost and availability <strong>of</strong> information and expertise required may<br />

preclude the use <strong>of</strong> these techniques for many small or low value stocks and<br />

for most stocks in developing countries. The recent trend towards inclusion<br />

<strong>of</strong> ecosystem concepts in setting fishery management objectives is also seen<br />

as good, and overdue. Although still in their formative stages, ecosystem<br />

concepts can still provide LRPs. Effective management will require a set <strong>of</strong><br />

rules comprising both TRPs and LRPs. In most national and international<br />

fishery management situations, the current institutional structure will<br />

probably require some modification to successfully apply these sets <strong>of</strong> rules.<br />

Fisheries management organizations will continue to assess and manage<br />

<strong>fisheries</strong> routinely, but management may need to develop an independent review<br />

which comes into play when resource production limits are approached. The<br />

action to be taken at such limits should be discussed and agreed on in<br />

advance.<br />

Caillouet, Charles W., Jr. and Kenneth N. Baxter (1973). "Gulf <strong>of</strong><br />

Mexico Shrimp Resource Research." Marine Fisheries Review, 35(3-<br />

4):21-24.<br />

This paper describes shrimp resource research presently being conducted<br />

by the Galveston Laboratory <strong>of</strong> the National Marine Fisheries Service Gulf<br />

Coastal Fisheries Center. Discussed are plans for development <strong>of</strong> a<br />

mathematical model capable <strong>of</strong> explaining and predicting changes in shrimp<br />

catch, and on-going mark recapture experiments, prediction <strong>of</strong> catch, stock<br />

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