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

will survey more broadly the sources of risk and related aspects of decision
making under uncertainty, dealing with stock collapse and extinction as one
end of the spectrum. The purpose of this paper is to explore concepts and
processes common in risk assessment, extend the discussion to include economic
aspects of risk management, and relate that information to the ongoing
discussion of risk and biological reference points in the fisheries management
literature. I assume the ultimate objective of this technical process is to
contribute information to a specific decision making system. The approach I
take is discursive and selective. I will mention in passing economic
perspectives on endangered species conservation, discuss some problems in
valuing economic outcomes of decisions, raise the issue of whether standard
economic optimization approaches address concerns for risk, and touch upon the
problems posed by introduction of discount rates in economic assessment of
risk management strategies.
Huppert, Daniel D. and Dale Squires (1986). Potential Economic Benefits and
Optimum Fleet Size in the Pacific Coast Trawl Fleet. Marine Resource
Economics, 3(4):297-318.
Limited entry to the Pacific coast groundfish fishery poses two
principal questions: (1) How large are the potential economic returns under
limited access management and (2) will the economic benefits exceed the
program costs plus costs associated with transitory dislocations in the
fishery? This paper reports on a partial evaluation of the first question,
based on a mixed integer programming model that computes optimum fleet size,
fishing effort configuration, and associated economic surplus. The
multispecies fishery, economic parameters, annual harvest constraints, and
summary results are presented. Overall a maximum economic profit of about $12
million can be generated by a trawl fleet that is about 38 percent smaller
than the baseline 1984 fleet with a 23 percent reduction in weeks fished.
Another important conclusion is that economic profits would suffer if fishing
vessels are prevented from shifting among groundfish, pink shrimp, and joint
venture fisheries.
Huppert, Daniel D. and Todd W. Mittleman (1993). Economic Effects of the
United Nations Moratorium on High Seas Driftnet Fishing. NOAA-TM-NMFS-
SWFSC-194, NOAA Technical Memorandum, National Marine Fisheries Service
Southwest Fisheries Science Center, December, 59 pp..
The report documents the status and tends in the driftnet fleet,
summarizes industry and governmental plans for the near future, and assesses
possible fleet adaptations to the moratorium from a political/economic
perspective. Status and trends include information on numbers, size, age, and
capabilities of the existing fleet, and institutional restrictions on
opportunities for vessels and labor to shrift into alternative fisheries.
Information on plans includes expressed intentions of fleet operations and
government officials in the three Asian nations, and a extended assessment of
logical options for the fleet. The political and economic assessment will
focus on strategies and actions likely to flow from private economic decision
making and from international and domestic political pressures in the Asian
fishing nations.
Hutchings, Jeffrey A., Carl Walters, and Richard L. Haedrich (1997). Is
Scientific Inquiry Incompatible With Government Information Control.
Canadian Journal of Fisheries and Aquatic Science, 54:1198-1210.
Government administered science in Canada and its potential for
bureaucratic and political interference merits examination in the wake of the
biological an socioeconomic catastrophes associated with recent fishery
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