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

have remained moderately profitable, excessive reinvestment in boats and
equipment has greatly reduced potential profitability. No trend towards
company ownership of boats has been evident in this fishery. The prawn
fishery was initially developed with a high degree of company ownership and
the proportion of company ownership has increased. Overcapitalization has not
occurred to any great extent in this fishery and profitability has remained
high.
Mendelsohn, Robert (1980). "The Demand for Characteristics of Goods."
Discussion Paper No. 80-12, Department of Economics, University of
Washington, Seattle, Washington 98195.
This paper identifies theoretical flaws in past attempts to estimate the
demand for characteristics of goods and recommends new procedures that
overcome these flaws. First, one can estimate the demand for characteristics
only by examining the outcomes of several independent markets. Second, if
characteristic prices are nonlinear, the quantity demanded by a consumer
hinges upon the entire price schedule not just the price of the marginal unit
purchased.
Mendelsohn, Robert (1984). "Estimating the Structural Equations of
Implicit Markets and Household Production Functions." Review of
Economics and Statistics, 66:673-677.
Whenever marginal prices are nonconstant, as in most hedonic and
household production function markets, ordinary least squares estimates of the
price elasticities of structural equations will be biased. A two-stage least
squares estimation procedure is developed and applied to estimate hedonic (and
potentially household production function) demand functions when price
gradients are nonlinear.
Mendelssohn, Roy (1978). "Optimal Harvesting Strategies for Stochastic
Single-Species, Multiage Class Models." Mathematical Biosciences,
41:159-174.
Qualitative properties of optimal harvesting Policies for stochastic,
single-species, multiage class models are described. For many problems the k-
dimensional problem (k is the number of age classes) can be reduced to k onedimensional
problems, that can be solved far fore readily. When such
separability does not occur, bounds can be put on the derivative s of an
optimal policy function which can greatly increase computational efficiency.
Menzies, Robert A. and J. Michael Kerrigan (1980). "The Larval
Recruitment Problem of the Spiny Lobster." Fisheries, 5(4):42-46.
With any renewable natural resource, if various parameters such as
mortality, fecundity, and recruitment are known, resource managers can project
harvest rates so as to sustain reasonable yields. Assessment of these
parameters is sometimes difficult because of peculiarities in the life cycle
or behavior of the resource species. In many cases the most difficult
parameter to determine is identification of the management unit. This is
particularly acute in the case of spiny lobster because of their long lived
pelagic, planktonic stage. However, because of their worldwide economic
importance, considerable effort has gone into research on their life cycle.
Mercer, M.C. (ed.) (1982). "Multispecies Approaches to Fisheries
Management Advice." Can. Spec. Publ. Fish. Aquat. Sci., 59: 169
pp.
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