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

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short term dynamic behavior <strong>of</strong> an optimal policy may depend significantly upon<br />

the assumption. It is suggested that the results may have pr<strong>of</strong>ound<br />

implications for problems <strong>of</strong> rehabilitation <strong>of</strong> overexploited <strong>fisheries</strong> and<br />

other renewable resource stocks.<br />

Clark, Colin, Gordon Edwards, and Michael Friedlaender (1973).<br />

"Beverton-Holt Model <strong>of</strong> a Commercial Fishery: Optimal Dynamics."<br />

J. Fish. Res. Board Can., 30:1629-1640.<br />

The problem <strong>of</strong> optimal regulation <strong>of</strong> a fishery is discussed. Of special<br />

interest is the problem <strong>of</strong> regulating an overexploited fishery by reducing<br />

effort to allow the fish population to build up to a suitable level.<br />

Clark, Colin W., Anthony T. Charles, John R. Beddington, and Marc Mangel<br />

(1985). "Optimal Capacity Decisions in a Developing Fishery."<br />

Marine Resource Economics, 2(1):25-53.<br />

The problem <strong>of</strong> estimating optimal fishing capacity for a developing<br />

fishery is discussed, using the methods <strong>of</strong> Bayesian decision analysis. The<br />

results obtained indicate that quite good decisions can <strong>of</strong>ten be made on the<br />

basis <strong>of</strong> limited prior information as to fish stock productivity, particularly<br />

if a conservative approach allowing for subsequent increases in capacity is<br />

employed.<br />

Clark, I.N., P.J. Major, and N. Mollett (1988). "Development and<br />

Implementation <strong>of</strong> New Zealand's ITQ Management System." Marine<br />

Resource Economics, 5(4):325-349.<br />

In 1986 an individual transferable quota management system was<br />

introduced into the New Zealand finfish <strong>fisheries</strong>. This article describes the<br />

ITQ system and provides an analysis <strong>of</strong> its successes and shortcomings to date.<br />

Clark, I.N., P.J. Major, and N. Mollett (1989). "The Development and<br />

Implementation <strong>of</strong> New Zealand's ITQ Management System." Pages<br />

117-145 in P.A. Neher, R. Arnason, and N. Mollett (eds.) Rights<br />

Based Fishing Dordrecht: Kluwer Academic Publishers.<br />

In 1986 an individual transferable quota management system was<br />

introduced into the New Zealand finfish <strong>fisheries</strong>. This article describes the<br />

ITQ system and provides an analysis <strong>of</strong> its successes and shortcomings to date.<br />

Clark, Jerry and Richard S. Johnston (1986). "Open Access, Market<br />

Structure, Optimality and Entrepreneurship in the Fishery."<br />

Proceedings, International Conference <strong>of</strong> Fisheries, Universite du<br />

Quebec a Rimouski, Rimouski, Canada, August 10 to 15, pp. 429-437.<br />

Since the seminal papers <strong>of</strong> Gordon and Scott, fishery economists have<br />

attempted to (1) understand resource use under conditions <strong>of</strong> open access and<br />

(2) devise prescriptions for improved resource use under the notion <strong>of</strong> social<br />

optimality. Much more effort has been given to (2) that to (1). In this<br />

paper, we argue for a reallocation <strong>of</strong> effort.<br />

Clark, Joy Lynn McCoy (1988). "The Economic Impact <strong>of</strong> Proposed Ted<br />

Regulations on Texas Shrimp Fishermen." Dissertation, Department<br />

<strong>of</strong> Agricultural Economics, Texas A&M University, College Station,<br />

TX, 185 pp.<br />

Shrimp fishermen trawling in the Gulf <strong>of</strong> Mexico and south Atlantic<br />

inadvertently capture and kill turtles that are classified as endangered<br />

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