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

otherwise be put to productive alternative uses.
Milliken, William J. (1994). "Individual Transferable Fishing Quotas and
Antitrust Law." Ocean and Coastal Law Journal, 1(1):35-57.
This article examines the legal implications of ITQs with regard to
antitrust law. It begins by identifying the benefits of the ITQ approach and
considering the potential anticompetitive effects of an ITQ system. It then
discusses the legal requirements for finding of monopoly, illegal price
restraints, and other impermissible restraints on competition. The article
concludes that ITQ systems can be designed to avert the possibility of
excessive accumulation of shares in the hands of a few, and that such ITQ
systems are unlikely to have effects that will result in antitrust violations.
Milliman, Scott R. (1986). "Optimal Fishery Management in the Presence
of Illegal Activity." Journal of Environmental Economics and
Management, 13:363-381.
A simple fishery model is developed with legal and illegal markets for
fish, the latter market being combated by enforcement efforts put forth by a
social regulator. In response to enforcement, violators undertake avoidance
activities to escape detection. The possible impacts of illegal activity on
optimal fishery management are then explored, and some policy implications are
suggested. Concurrently, optimal regulation is calculated when: (a) only
legal surplus is maximized versus (b) when both legal and illegal surplus is
maximized. The rationale for these two regimes and their divergence in
optimal management policies is outlined.
Milon, J.W. (1987). "The Economic Benefits of Artificial Reefs: An
Analysis of the Date County, Florida Reef System." Sea Grant
Project No. R/LR-E-9-PD, Grant No. NA85AA-D-SG059, Report Number
90, Florida Sea Grant College, December, Food and Resource
Economics Department, Institute of Food and Agricultural Sciences,
University of Florida, Gainesville, Florida 32611.
This report presents results from a research project to identify
recreational uses of artificial reefs by private boat owners in Dade County,
Florida and to evaluate the merits of alternative methods to measure the
economic benefits of artificial reef development. Results from a mail survey
of registered boat owners in 1985 showed that approximately 29 percent of
respondents who fished during the survey period used at least one of the
artificial reefs in Dade County. Catch rates at artificial reef sites were
generally higher than at nonreef sites. Approximately 13 percent of
respondents who participated in sport diving during the survey period used the
artificial reefs. The percent of divers who spearfished at artificial reefs
was about the same as at nonreef sites. Results from an experiment using
three different contingent valuation formats indicated that both current users
and nonusers had a positive willingness to pay for new artificial reef
development; the valuation format had a significant influence on the mean
valuation. Several different variations on the basic travel cost method were
also used to assess the economic benefits of a new artificial reef; these
modeling alternatives also yielded different estimates of users' economic
benefits. Extensions of the sample benefit estimation methods to the
population of Dade county private boaters provide a range of estimated
economic present values for new and existing artificial reefs in Dade County.
Recommendations for future research on modeling artificial reef participation
and on economic benefit estimation are provided.
Milon, J.W. (ed.) (1988). "Marine Fishery Allocations and Economic
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