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

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decisions simultaneously at each stage, in this model each player makes his<br />

decision separately in time, knowing the action <strong>of</strong> the previous player. The<br />

model is applied to the southern bluefin tuna fishery that is jointly<br />

exploited by Australia and Japan. The results <strong>of</strong> noncooperative and<br />

cooperative strategies are compared.<br />

Kennedy, John O.S. and James W. Watkins (1986). "Time-Dependent Quotas<br />

for the Southern Bluefin Tuna Fishery." Marine Resource<br />

Economics, 2(4):293-313.<br />

It is now <strong>of</strong>ficially recognized by the governments <strong>of</strong> Australia and<br />

Japan that the southern bluefin tuna fishery has been overexploited and that<br />

harvest must be controlled. A dynamic programming model applicable to<br />

multicohort <strong>fisheries</strong> is developed for finding approximately optimal timedependent<br />

quotas. Results from applying the model to the southern bluefin<br />

tuna fishery indicate that restricting or eliminating the Australian catch <strong>of</strong><br />

under 4 year olds would benefit both countries.<br />

Kent, Samuel B. (1996). Final Judgement. Center for Marine Conservation, et<br />

al. V.S. Ronald Brown, et al., Civil Action No. G-94-660 and Texas<br />

Shrimp Association, et al. V.S.. Ronald, et al., Civil Action No. G-95-<br />

265 Consolidated, February 21, 55 pp.<br />

The decision <strong>of</strong> the federal district court on the suit filed by the<br />

Center for Marine Conservation seeking to require the NMFS to perform its<br />

duties as required under the Endangered Species Act to prevent sea turtle<br />

strandings on the coast <strong>of</strong> the southeast region <strong>of</strong> the United States. The<br />

court rejected their claims and found in favor <strong>of</strong> the NMFS.<br />

Kesteven, G.L. (1997). MSY Revisited. Marine Policy, 21(1):73-82.<br />

Many values can be set for MSY or TAC <strong>of</strong> a fishery resource, among them<br />

the greatest occurs only rarely. With poor comprehension <strong>of</strong> the statistical<br />

character <strong>of</strong> MSY, few attempts to manage <strong>fisheries</strong> with reference to it have<br />

been successful. That outcome has resulted partly from inadequacies <strong>of</strong> the<br />

general paradigm <strong>of</strong> stock assessment, but more from failure to appreciate the<br />

significance <strong>of</strong> the economic and social terms <strong>of</strong> the exploitation equation. A<br />

plea is made for a system <strong>of</strong> fishery resources law which, <strong>of</strong> local, national,<br />

and international effect, would restrain the economic drives and social<br />

impulses that so far have frustrated the efforts <strong>of</strong> fishery administrators,<br />

denied industrial stability, and threatened resource survival.<br />

Khilnani, Arvind (1979). "Evaluation <strong>of</strong> the Data Availability and Data<br />

Needs <strong>of</strong> the Tortugas Shrimp Model (FISYS Version T)." Stanford<br />

University, Department <strong>of</strong> Engineering-Economic Systems, Stanford,<br />

California, November, 8 pp.<br />

In this report a qualitative evaluation <strong>of</strong> the data availability and<br />

needs <strong>of</strong> the Tortugas Model is considered. The model is a quantitative tool<br />

for estimating and evaluating the effects <strong>of</strong> alternative management policy<br />

options prior to actual policy implementation. The combination <strong>of</strong> a<br />

quantitative methodology and a policy orientation provide a natural framework<br />

to evaluate present data availability. Furthermore, the model indicates areas<br />

<strong>of</strong> data paucity together with a list for future data gathering activities.<br />

Khilnani, Arvind (1980). "Estimation <strong>of</strong> Price Elasticity and<br />

Flexibility <strong>of</strong> Demand with Respect to the Tortugas Shrimp<br />

Fishery." Memorandum for Edison Tse, John P<strong>of</strong>fenberger, and Jim<br />

Tom, Stanford University, Stanford, California.<br />

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