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

The paper compares four methods of rent capture in a fishery managed
with individual transferable quotas using simulations from a unit profit
function. Some theoretical properties of a quota rental charge, profit
charge, lump sum charge, and an ad valorem royalty are examined and then
compared in simulations in terms of the distribution of profits, distortions
to the fishery, the relative burden on fishers, and flexibility to adjust to
changes in the fishery.
Grafton, R. Quentin (1996). Implications of Taxing Quota Value in an
Individual Transferable Quota Fishery: Comment. Marine Resource
Economics, 11(2):125-127.
A response to an article by Johnson (1995) that examines the effects of
imposing resource rentals on fishermen in an individual transferable quota
(ITQ) fishery. In a second best world, a tax on ITQ value may not be ideal,
but could be preferable to no tax under certain conditions.
Grafton, R. Quentin and J. Silva-Echenique (1997). How to Manage Nature?
Strategies, Predator-Prey Models, and Chaos. Marine Resource
Economics, 12(2):127-143.
The Lotka-Volterra predator-prey model exemplifies the implicit and
explicit assumptions managers often have regarding species interaction -
populations are stable or fluctuate periodically. The reality is often much
more complicated and there is overwhelming evidence that many populations
fluctuate in a nonperiodic way. Using a discrete predator-prey model that
generates chaos, it is possible to qualitatively mimic the interaction of some
predator-prey populations. The implications of the paper are that managers
should place greater emphasis on theoretical modeling and simulations, try to
understand ecosystems and broad relationships between species rather than
obtain minute details and data on individual populations, make management as
flexible as possible to help people adjust to rapid changes in populations,
employ mixed strategies so as to give options whatever the underlying
dynamics, and, where appropriate, experiment with different strategies for
different subpopulations to learn more about the effectiveness of alternative
management approaches.
Granger, C.W.J. (1989). Forecasting in Business and Economics.
Academic Press, Inc., New York.
This text provides a clear cut strategy for tackling a forecasting
problem. The importance of the selection of a relevant information set is
emphasized together with the question of how to evaluate one's forecasts once
they have been prepared. With this strategy in mind, a variety of forecasting
techniques and problems, of increasing scope and complexity, are discussed.
Grant, George (1990). "The U.S. Swordfish Industry: A Socio-Economic
Overview." Final Report, New Jersey fisheries Development
Commission, April, 29 pp.
This monograph presents a compilation of descriptive, survey and
analytical data relating to the possible socioeconomic impacts of Amendment 1
to the Swordfish Management Plan focusing on the state of New Jersey fishery.
Grant, William E. (1986). Systems Analysis and Simulation in Wildlife
and Fisheries Sciences. John Wiley & Sons, New York.
The book's objectives are to describe the systems approach to problem
solving, demonstrate its applicability to wildlife and fisheries problems, and
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