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

inappropriate in the case of the double-bounded logit models. An alternative
approach called the sequential classification procedure is presented as a
possible alternative to the standard tests. The double-bounded logit model is
reviewed along with the standard goodness-of-fit measures. The sequential
classification procedure and its features are presented in the context of an
empirical example.
Kaoru, Yoshiaki, V. Kerry Smith, and Jin Long Liu (1995). Using Random
Utility Models to Estimate the Recreational Value of Estuarine
Resources. American Journal Agricultural Economics, 77(1):141-151.
In this paper we describe a model using a household production framework
to link measures of nonpoint source pollution to fishing quality and a random
utility model to describe how that quality influences sport fishing parties
decisions in North Carolina. The results provide clear support for using a
model that evaluates the effects of pollution on the activities and decisions
associated with the fishing activity once a trip is taken. Site selection
decisions are then conditioned on the anticipated quality of fishing sites.
The framework also has the advantage of linking the spatial, technical, and
economic information required to evaluate the management plans required for
estuaries under the National Estuarine Program.
Karas, Nick (1995). "History of Giant Tuna in Atlantic." Outdoors
column, source unknown.
A history of the bluefin tuna fishery in the western North Atlantic as a
game fish and commercial fishery.
Karp, Larry, Arye Sadeh, and Wade L. Griffin (1986). "Cycles in
Agricultural Production: The Case of Aquaculture." American
Journal of Agricultural Economics, 68(3):553-561.
The problem of determining optimal harvest and restocking time and
levels is considered. A continuous time deterministic control problem is used
to study the case where production occurs in a controlled environment. A
stochastic control problem is then used to determine rules for the cultivation
of P. stylirostris which occurs in a stochastic environment. The
deterministic analog of the problem is also solved. The two solutions are
used to develop a measure for the value of a controlled environment and for
the value of information about the stochastic environment.
Karpoff, Jonathan M. (1984). "Insights from the Markets for Limited
Entry Permits in Alaska." Can. J. Fish. Aquat. Sci., 41:1160-
1166.
Under Alaska's entry limitation program, transferable permits convey
fishing rights. Information from permit markets is used to study several key
issues regarding the behavior of fishermen and the effects of fishery
management policy. I conclude that (1) expectations of future fishing incomes
are the primary determinants of permit prices, (2) Alaska Department of Fish
and Game forecasts of fish recruitment are capitalized in permit values, (3) a
state program that provides low interest loan money to some purchasers of
permits has coincided with a significant increase in permit prices, (4) the
"average memory" of fishermen in projecting future incomes is about 2.5 years,
and (5) it is possible to infer the rate at which the markets discount future
fishing income flows.
Karpoff, J.M. (1985). "Time, Capital Intensity, and the Cost of Fishing
Effort." Western Journal of Agricultural Economics, 10(2):254-
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