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

Transport Association regulations and guidelines.
Gilbert, David John (1988). "Use of a Simple Age-Structured Bioeconomic
Model to Estimate Optimal Long-Run Surpluses." Marine Resource
Economics, 5:23-42.
When the New Zealand government introduced individual transferable
quotas for major commercial fish stocks, allocation for some stocks exceeded
their total allowable catches and made it necessary to buy back immediately
some of the quota. Quota was offered back by tender. A simple age structured
bioeconomic model was used to estimate long run optimal surpluses. From
these, the maximum prices that should be paid by government for quota were
derived. The use of an age structured model proved convenient for this
purpose as the necessary parameter estimates tend to arise naturally from
literature sources and the population dynamics are transparent. If stocks
were managed optimally, the long run value of quota would be equivalent to the
net present value of the surplus at the dynamic maximum economic yield. Long
run surpluses proved to be dependent on the relative changes in catch rates
and costs of fishing that resulted from changes in stock biomass. Optimal
surpluses of up to 45% of the greenweight revenues were obtained for heavily
exploited, long lived stocks. Only small long run surpluses were obtained for
short lived or very lightly exploited stocks.
Gilbert, Richard J. (1979). "Optimal Depletion of an Uncertain Stock."
Review of Economic Studies, 46:47-57.
This paper characterizes optimal extraction from a resource stock of
uncertain size and examines the value of information about the size of the
stock assuming costs and social preferences are known. Given fairly typical
assumptions, uncertainty implies a more conservative extraction policy when
exploration does not exist. With exploration possible, it is shown to be
optimal to invest in exploration to maintain a stock of known reserves.
Gill, Duane A., Robert B. Ditton, and Stephen M. Holland (1993).
"Charter and Party Boat Operators in the U.S. Gulf of Mexico: A
Social Structure Perspective." Marine Fisheries Review, 55(3):16-
20.
To better address the charter and party boat fishery needs in the U.S.
Gulf of Mexico, fishery managers must understand the linkages between the
industry and other groups and organizations that affect its success. Gulf
state charter and party boat operators were interviewed to ascertain the
extent of their social network linkages, membership in community
organizations, business community relationships, and linkages to information
sources. Approximately one-third to one-half of the charter and party boat
operators did not belong to local community organizations that could assist
their business through tourism promotion or natural resource protection.
Despite their limited integration in the community, the vast majority of
operators gave and received referrals from other businesses. Of four major
information sources, the National Weather Service and the County Marine
Extension agents were rated highest and lowest, respectively, in mean
importance to charter and party boat operators. Results suggest that business
success can be enhanced by strengthening network ties between operators and
local businesses, chambers of commerce, and tourism organizations. For this
to occur, individual operators and charter/party boat organizations need to
become more effective in representing industry interests. Informational
linkages between industry and government agencies also need improvement.
Gillespie, William C., James C. Hite, and John S. Lytle (1969). "An
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