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

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Coalition for Marine Conservation, Inc., Savannah, Georgia.<br />

Habitat can no longer be ignored in decisions that affect recreational<br />

<strong>fisheries</strong>. Habitat must be protected, enhanced, and restored to develop<br />

recreational <strong>fisheries</strong>.<br />

Hall, Martin A. (1997). Strategic Issues in Managing Fishery Bycatches. <br />

In Solving Bycatch, Considerations for Today and Tomorrow, Alaskan Sea<br />

Grant College Program Report No. 96-03, University <strong>of</strong> Alaska, Fairbanks,<br />

Alaska, 322 pp.<br />

A brief analysis is made <strong>of</strong> the strategies that can be used to reduce<br />

bycatches in <strong>fisheries</strong>. They fall under two basic types: reduction <strong>of</strong> the<br />

level <strong>of</strong> effort, and reduction <strong>of</strong> the average bycatch per unit <strong>of</strong> effort<br />

(BPUE). The former frequently results in lower catches <strong>of</strong> the target species.<br />

Reduction in BPUE, on the other hand, may <strong>of</strong>fer a way to mitigate the problems<br />

with fewer negative impacts on the <strong>fisheries</strong>. Identifying the environmental,<br />

biological, and technological reasons why bycatches happen is the key point <strong>of</strong><br />

those strategies that attempt to deal with the problems while at the same time<br />

maintaining the use <strong>of</strong> the resources involved. Five lines <strong>of</strong> defense are<br />

identified to try to mitigate or solve bycatch problems. The Tuna-Dolphin<br />

Program <strong>of</strong> the Inter-American Tropical Tuna Commission, is used as a case<br />

study to illustrate different issues. Finally, some <strong>of</strong> the conditions that<br />

have helped solve this problem are presented. Even though it is clear that<br />

each fishery will have to develop its own set <strong>of</strong> solutions, there are some<br />

common traits that may help in the search for solutions.<br />

Halstead, John M. and Minkang Zhu (1987). "Managing Risk and<br />

Uncertainty in Agricultural Nonpoint Source Contamination <strong>of</strong><br />

Ground Water: Sources and--Solutions (?)." Department <strong>of</strong><br />

Agricultural Economics, Virginia Polytechnic Institute and State<br />

University, Blacksburg, Virginia, June, 25 pp.<br />

This paper describes the nature and sources <strong>of</strong> uncertainty faced by the<br />

economist attempting to analyze alternative policies for management <strong>of</strong><br />

agricultural nonpoint source pollution <strong>of</strong> ground water. Since the nature <strong>of</strong><br />

the nonpoint problem makes many <strong>of</strong> the techniques used to control point source<br />

pollutants infeasible, approaches to the ground water problem <strong>of</strong>ten involve a<br />

modeling component to simulate both physical movement <strong>of</strong> agricultural<br />

chemicals and decision making <strong>of</strong> economic units. This paper focuses primarily<br />

on how uncertainty affects this modeling process.<br />

Hamalainen, Raimo P., Jukka Ruusunen, and Veijo Kaitala (1986). "Myopic<br />

Stackelberg Equilibria and Social Coordination in a Share Contract<br />

Fishery." Marine Resource Economics, 3(3):209-235.<br />

A general dynamic model <strong>of</strong> fishing under harvest share contracts is<br />

developed. Vessel owners hire fishermen to work on the vessels and pay them a<br />

share <strong>of</strong> the catch and an additional wage. The harvest rate depends on labor<br />

input, capital input, and stock level. Neither <strong>of</strong> the agents is unionized.<br />

On each vessel we have a principal agent setting where the crews labor input<br />

decisions and vessel owners decisions about harvest shares are based on<br />

myopic optimization. However, in this first analysis <strong>of</strong> the model risk is not<br />

included in the formulation. The paper concentrates on the incentive effects<br />

and in this framework the reason for a share contract to exist is the<br />

avoidance <strong>of</strong> transaction costs. In a share contract fishery both labor input<br />

and resource use are inefficient. A detailed analysis <strong>of</strong> the effectiveness <strong>of</strong><br />

different regulation policies is presented.<br />

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