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

ecoverable oil and gas resources for Federal offshore areas and describes the
methodology used to derive them.
Cooper, Christopher (1991). "Shrimpers Search for Inexpensive and
Simple Fish Excluder." National Fisherman, January:40-43.
Shrimpers on the East and Gulf coasts have been given a three year
breather. They have until at least 1994 to develop a way to reduce finfish
bycatch.
Cooter, Robert and Elhanan Helpman (1974). "Optimal Income Taxation for
Transfer Payments Under Different Social Welfare Criteria." The
Quarterly Journal of Economics, (Nov):656-670.
The distributive branch of government must calculate the income tax for
optimal redistribution by maximizing a social welfare function constrained by
technology and the announcement effects of the tax. A partial equilibrium
analysis that takes into account the announcement effect upon work effort
shows that the marginal tax rate that is optimal for any particular social
welfare function increases with inequality in the distribution of productive
skill. The ranking of social welfare functions by size of optimal marginal
tax rate was Rawls > Nash > Bentham > Elitist, regardless of the distribution
of productive skill or the elasticity of substitution. The inverse of this
ranking did not always correspond to the ranking of social welfare functions
by the size of the Gini coefficient. The social welfare function implicit in
actual U.S. government transfer activity under Musgrave's best assumption and
the intermediate ability distribution was democratic, as predicted by the
median rule.
Copes, P. (1970). "The Backward-Bending Supply Curve of the Fishing
Industry." Scottish Journal of Political Economy, 17(1):69-77.
The economic theory of fisheries has emphasized the common property
nature of the fishery resource that generally leads to an over exploitation
and dissipation of the rent that the resource could have yielded. The
literature stresses on the supply side the relationship of output to the
amount of fishing effort and hence to cost. But the consequences of these and
other relationships in terms of conventional supply and demand analysis do not
appear to have been treated exhaustively. This article demonstrates that the
long run supply curve of a fishery may be expected to exhibit a negative slope
for higher price ranges. A few of the consequences of this phenomenon are
explored.
Copes, P. (1972) "Factor Rents, Sole Ownership, and the Optimum Levels
of Fisheries Exploitation." The Manchester School, 40:145-163.
Economic theory as applied to common property resources such as
fisheries holds that rents will be dissipated resulting in losses to society
using maximum net economic yield as a measurement criteria. This article
applies conventional welfare maximization to balance the considerations of
resource rent with that of competing social benefits that may be derived from
the exploitation of a fishery; focusing on consumer and producer surplus
accruing to factors other than the fishery resource itself.
Copes, P. (1986). "A Critical Review of the Individual Quota as a
Device in Fisheries Management." Land Economics, 62(3), pp. 278-
291.
The author presents many sound arguments against the use of individual
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