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

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anching on market structure, salmon prices, ocean and aquacultural<br />

production, and salmon fishing regulation. This paper models the behavior <strong>of</strong><br />

a dominant salmon rancher facing a competitive open access fishery using a<br />

dynamic nonlinear programming model. Primary attention is given to production<br />

and regulation influencing strategies <strong>of</strong> an optimally managed salmon ranch<br />

under selected institutional and biological constraints. The effect <strong>of</strong> such<br />

behavior is evaluated with regard to salmon prices, natural salmon stocks,<br />

ocean fishing effort, and ocean fishery productivity.<br />

Anderson, Lee G. (1973). "Optimum Economic Yield <strong>of</strong> a Fishery Given a<br />

Variable Price <strong>of</strong> Output." J. Fish. Res. Board Can., 30:509-518.<br />

The majority <strong>of</strong> work done in the <strong>economics</strong> <strong>of</strong> <strong>fisheries</strong> uses the<br />

assumption <strong>of</strong> a fixed price <strong>of</strong> output. This paper describes the effects on<br />

the traditional <strong>fisheries</strong> model <strong>of</strong> relaxing this assumption, the most<br />

important <strong>of</strong> which, as far as regulation agencies are concerned, are the<br />

negation <strong>of</strong> marginal cost <strong>of</strong> effort equaling marginal revenue <strong>of</strong> effort as the<br />

criterion for a social optimum, and the introduction <strong>of</strong> the possibility <strong>of</strong><br />

multiple equilibria and multiple industry pr<strong>of</strong>it maxima. Also, some new<br />

insights on fishery management with variable price and different assumptions<br />

about the number <strong>of</strong> <strong>fisheries</strong> and the number <strong>of</strong> countries involved are pointed<br />

out.<br />

Anderson, Lee G. (1975). "Analysis <strong>of</strong> Open-Access Commercial<br />

Exploitation and Maximum Economic Yield in Biologically and<br />

Technologically Interdependent Fisheries." Journal <strong>of</strong> the<br />

Fisheries Research Board <strong>of</strong> Canada, 32:1825-1842.<br />

Fisheries may be interdependent because <strong>of</strong> biological relationships that<br />

exist between their stocks or because the gear <strong>of</strong> one affects mortality in the<br />

stock <strong>of</strong> the other. The problems <strong>of</strong> defining a maximum sustainable yield in<br />

these cases are discussed. A graphical analysis is used to describe the<br />

combinations <strong>of</strong> effort from both <strong>fisheries</strong> where concurrent exploitation is<br />

possible and which <strong>of</strong> these combinations will result in a simultaneous<br />

equilibrium. Finally the conditions for a combined maximum economic yield<br />

(MEY) are presented and it is shown that they will not hold if each fishery is<br />

managed to obtain an individual MEY.<br />

Anderson, Lee G. (1980). "A Comparison <strong>of</strong> Limited Entry Fishery<br />

Management Schemes." Draft report, College <strong>of</strong> Marine Studies and<br />

Department <strong>of</strong> Economics, University <strong>of</strong> Delaware, January, pp. 65.<br />

This paper compares and contrasts four different types <strong>of</strong> limited entry<br />

management schemes on the basis <strong>of</strong> specified criteria. This framework<br />

consists <strong>of</strong> a set <strong>of</strong> problems that must be addressed to one degree or another<br />

in the implementation and operation <strong>of</strong> any type <strong>of</strong> fishery management scheme.<br />

The goal is to describe the best possible adaptation <strong>of</strong> each <strong>of</strong> the schemes so<br />

that meaningful comparisons can be made. The final objective will be to<br />

specify under what conditions each <strong>of</strong> the schemes will be most useful.<br />

Anderson, Lee G. (ed.) (1981). Economic Analysis for Fisheries<br />

Management Plans. Ann Arbor Science, Ann Arbor, Michigan.<br />

The results <strong>of</strong> a workshop at the University <strong>of</strong> Delaware to address the<br />

level <strong>of</strong> economic analysis required to institute a fishery management plan.<br />

Anderson, Lee G. (1982). "The Share System in Open-Access and Optimally<br />

Regulated Fisheries." Land Economics, 58(4):435-449.<br />

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