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

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McLemore, B. Michael (1996). Gulf Shrimp Amendment 9 and Statistical Review<br />

Advisory Panel; November Meeting. Memorandum to the Gulf <strong>of</strong> Mexico<br />

Fishery Management Council, Southeast Regional <strong>Office</strong>, National Marine<br />

Fisheries Service, St. Petersburg, FL, 2 pp.<br />

A memorandum stating the legal position that the Council may take action<br />

on red snapper bycatch reduction in shrimp trawls without concluding a<br />

statistical review <strong>of</strong> the TED induced finfish bycatch reduction.<br />

Mace, Pamela M. (1993). The Bioeconomic Consequences <strong>of</strong> Risk Averse<br />

Fisheries Management Strategies. Draft report, P.O. Box 7357, Silver<br />

Spring, MD, July.<br />

This paper investigates the short and long term biological and economic<br />

consequences <strong>of</strong> risk averse <strong>fisheries</strong> management strategies. In particular,<br />

what circumstances are necessary for conservative strategies to outperform<br />

less conservative and risky strategies in terms <strong>of</strong> stock size, yields, and<br />

revenues. The more conservative the strategy, the higher the stock size;<br />

however, the potential effects on cumulated yields and discounted revenues are<br />

less obvious.<br />

Mace, Pamela M. (1994). An Evaluation <strong>of</strong> the Effectiveness <strong>of</strong> the Current<br />

Minimum Size for Atlantic Swordfish. ICCAT Working Document,<br />

SCRS/94/114, Revised, U.S. Department <strong>of</strong> Commerce, National Oceanic and<br />

Atmospheric Administration, National Marine Fisheries Service, 1315<br />

East-West Highway, Silver Spring, MD.<br />

The benefits <strong>of</strong> the current ICCAT minimum size regulation for Atlantic<br />

swordfish (125 cm LJFL or 25 kg round weight, with 15% tolerance by number)<br />

were examined in terms <strong>of</strong> the gains in yield per recruit (YPR) and spawning<br />

per recruit (SPR), and the risks <strong>of</strong> recruitment overfishing. Sensitivity<br />

analyses showed that smaller minimum sizes combined with zero tolerance could<br />

result in comparable levels <strong>of</strong> YPR and SPR. However, in all cases the SPR<br />

based on recent (1991) fishing mortality rates is small relative to the level<br />

required for population replacement. Reduced risk <strong>of</strong> recruitment overfishing<br />

will require either a much larger minimum size, much improved survival <strong>of</strong><br />

undersized returns, or lower fishing mortalities overall.<br />

Mace, Pamela M. (1994). Relationships Between Common Biological Reference<br />

Points Used as Thresholds and Targets <strong>of</strong> Fisheries Management<br />

Strategies. Can. J. Fish. Aquat. Sci., 51:110-122.<br />

Relationships between various biological reference points (BRPs) used to<br />

define thresholds and targets <strong>of</strong> <strong>fisheries</strong> management strategies were examined<br />

for a range <strong>of</strong> combinations <strong>of</strong> life history characteristics. Rank orderings<br />

<strong>of</strong> the selected BRPs were strongly influenced by the degree <strong>of</strong> density<br />

dependence in the underlying spawning-recruitment (S-R) relationship. The<br />

validity <strong>of</strong> F 0.1 , F max , and F 20% (the fishing mortality at which spawning per<br />

recruit is 20% <strong>of</strong> the maximum), and other reference fishing mortality rates as<br />

approximations to F msy or as thresholds <strong>of</strong> over fishing is highly dependent on<br />

life history characteristics, particularly the degree <strong>of</strong> density dependence in<br />

the S-R relationship. It is recommended that F 40% be adopted as a target<br />

fishing mortality rate when the S-R relationship is unknown and that threshold<br />

levels <strong>of</strong> biomass be related to the estimated or assumed degree <strong>of</strong> density<br />

dependence in the S-R relationship. Two new methods <strong>of</strong> calculating threshold<br />

biomass levels are suggested as alternatives to the familiar 20% B 0 rule.<br />

Mace, Pamela M. (1995). Meeting Report from Workshop #1 on Limited Access<br />

for Atlantic Swordfish and Atlantic Shark Fisheries. Highly Migratory<br />

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