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

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individual transferable quotas, in major commercial <strong>fisheries</strong> have been<br />

fraught with delay and controversy, largely because <strong>of</strong> the distributional<br />

issues raised by privatization and recourse to market based regulation. The<br />

second concerns the structure <strong>of</strong> decision making, and in particular how user<br />

groups and their interests and concerns are and are not brought into the<br />

decision making process. The third concerns the distributional effects <strong>of</strong><br />

changes in <strong>fisheries</strong> property rights and how people respond to them. In this<br />

paper, we touch upon aspects <strong>of</strong> these topics with particular emphasis on the<br />

hypothetical intersection <strong>of</strong> privatization and comanagement.<br />

McConnell, Kenneth E. (1979). "Values <strong>of</strong> Marine Recreational Fishing:<br />

Measurement and Impact <strong>of</strong> Measurement." American Journal <strong>of</strong><br />

Agricultural Economics, 61(5):921-925.<br />

Economists can help improve resource allocation by applying their<br />

evaluation techniques to marine recreational fishing. In this paper, two<br />

approaches to evaluation are reported: the travel cost method and the hedonic<br />

price method. The two approaches are similar in that they rely on observed<br />

behavior rather than responses to hypothetical questions. They differ in the<br />

extent to which they assume an individual can control his environment.<br />

McConnell, Kenneth E. (1985). "The Economics <strong>of</strong> Outdoor Recreation."<br />

Chapter 15 in Handbook <strong>of</strong> Natural Resource and Energy Economics,<br />

Allen V. Kneese and James L. Sweeney (eds.), North-Holland, New<br />

York.<br />

The survey is divided into three parts; (1) the extent <strong>of</strong> and rationale<br />

for government involvement in the provision <strong>of</strong> outdoor recreation services is<br />

explored; (2) conceptual and empirical issues are investigated in estimating<br />

the demand for benefits <strong>of</strong> outdoor recreation; (3) some issues relating to the<br />

quality <strong>of</strong> outdoor recreation are explored. The greatest proportion <strong>of</strong> the<br />

chapter is devoted to empirical and conceptual demand issues.<br />

McConnell, Kenneth E. (1988). "Heterogeneous Preferences for<br />

Congestion." Journal <strong>of</strong> Environmental Economics and Management,<br />

15:251-258.<br />

The paper studies the problem <strong>of</strong> congested recreation facilities when<br />

the users differ with regard to their willingness to pay for access to the<br />

site and their aversion to congestion. The simple model <strong>of</strong> the paper shows<br />

that some user groups may actually increase their use <strong>of</strong> a site if they are<br />

less price responsive and more averse to congestion than the central<br />

tendencies <strong>of</strong> all users. These results help explain many administrators'<br />

reluctance to use fees to ration entrance to congested sites. Under plausible<br />

assumptions about the effects <strong>of</strong> income on price and congestion<br />

responsiveness, the use <strong>of</strong> a fee would tend to ration sites toward people with<br />

higher incomes.<br />

McConnell, K.E. (1997). Does Altruism Undermine Existence Value? Journal<br />

<strong>of</strong> Environmental Economics and Management, 32(1):22-37.<br />

The debate over the use <strong>of</strong> contingent valuation for existence values or<br />

passive-use values has failed to explore the validity <strong>of</strong> motives for such<br />

values. One potential motive, altruism, has conflicting implications for<br />

benefit-cost analysis, depending on whether the altruist is paternalistic.<br />

This paper constructs models <strong>of</strong> three types <strong>of</strong> altruism and shows how benefitcost<br />

analysis responds to each type <strong>of</strong> altruism, how damage assessment and<br />

restoration depend on each type, and the implications <strong>of</strong> heterogeneous<br />

altruists.<br />

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