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

McConnell, Kenneth E. and N.E. Bockstael (1984). "Aggregation in
Recreation Economics: Issues of Estimation and Benefit
Measurement." Northeastern Journal of Agricultural and Resource
Economics, 13(2):181-186.
This paper addresses the aggregation issue for estimating the demand for
outdoor recreation. The basic theme is that regardless of how they are
estimated, individual behavioral parameters should be used for welfare
measurement. The first part of the paper treats appropriate estimation
techniques for data sets that are aggregated over individuals; the zonal
travel cost model. The second part explores and reviews models of individual
behavior that incorporate changes in participation as well as changes in the
number of visits that may confound welfare estimates. The plausibility of
benefit estimates could be substantially improved if greater care were given
to the extrapolation of benefits calculated from a sample to aggregate benefit
estimates for the population.
McConnell, Kenneth E. and Virginia A. Duff (1976). "Estimating Net
Benefits of Recreation Under Conditions of Excess Demand."
Journal of Environmental Economics and Management, 2:224-230.
The public provision of outdoor recreation necessitates the development
of nonmarket measures of the value of resources in recreational use. Such
values can be used as surrogates for market values in the decision-making
process. Another aspect of recreation as a publicly provided good is the
absence of a mechanism to eliminate automatically excess demand. The absence
of such a mechanism has resulted in conditions of excess demand at many
recreation sites. This paper deduces the implications of excess demand for
the travel cost method of benefit estimation. We show that when excess demand
results in rationing at a particular site, the travel cost method will
underestimate the true benefits of the site. The results are important
because they help identify the direction of bias of one measure of the
benefits from the use of a natural resource.
McConnell, Kenneth E. and Virgil J. Norton (1976). "An Economic
Evaluation of Marine Recreational Fishing." In Marine
Recreational Fisheries, Henry Clepper (ed.), Sport Fishing
Institute, Washington, D.C.
This chapter deals with conceptual methods of measuring the economic
benefits of marine and recreational fishing. It is intended to serve several
purposes: to present a review of the state of the art of economic evaluation
of marine recreational fishing: to expand certain of the conceptual aspects of
the subject; and to suggest high priority steps that should be taken to
develop appropriate marine recreational fishing values that can be used in
policy decisions. A simple, but concise demand model is developed from
utility theory with theoretical implications of the mathematical model clearly
discussed. The use and to a limited extent abuse of travel cost, willingness
to pay, and input-output analysis as measures of net benefits are discussed.
McConnell, Kenneth E. and Ivar Strand, Jr. (1981). "Some Economic
Aspects of Managing Marine Recreational Fishing." In Lee G.
Anderson (ed.) Economic Analysis for Fisheries Management Plans.
Ann Arbor Science, Ann Arbor, Michigan.
This chapter elucidates some basic relationships important to the long
run management of sport fisheries. First, the relationships required by
optimal management are developed. Second, the economic costs of various
approaches to regulating sportfishing catch are demonstrated. Third, an
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