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

Analysis." Proceedings of a Regional Workshop sponsored by the
Southern Natural Resource Economics Committee, May, 40 pp.
Copies of papers presented at a symposium on marine fishery allocation
decisions are contained in this report.
Milon, J.W. (1988). "Modeling Site and Quality Substitution Effects in
Sport Fishing Demand Models." Draft Report, Food and Resource
Economics Department, University of Florida, Gainesville, FL.
Alternative sport fishing demand models are evaluated in terms of their
statistical performance and the derived welfare estimates for changes in
recreational catch rates for king mackerel. This analysis permits an
examination of the possible errors that can occur due to different behavioral
models of sport fishing demand and estimation procedures. The results of this
analysis provide information to policy analysts and decision-makers about the
performance of alternative economic demand models using Marine Recreational
Fishing Statistics Intercept Survey (MRFSIS) data and the derived measures of
welfare change from these models for possible changes in king mackerel catch
rates.
Milon, J.W. (1988). "A Nested Demand Shares Model of Artificial Marine
Habitat Choice by Sport Anglers." Marine Resource Economics,
5(3):191-214.
There is a growing public interest in the development of artificial
habitats to enhance and diversify coastal marine resources for recreational
and commercial uses. In this paper, a hierarchical discrete choice model of
recreational demand for artificial habitat is presented using a nested
multinomial logit analysis of artificial and natural habitat site choice by
sport anglers. The model can be used to evaluate the effects of site
characteristics and socioeconomic attributes of individual sport anglers on
the share allocation of marine fishing trips and to estimate the economic
benefits of new artificial habitat. An empirical application using survey
data from sport anglers in southeast Florida is reported. The model
parameters are used to estimate the expected use benefits and distributional
implications of alternative new artificial habitat sites. Extensions and
limitations of the model for artificial habitat planning are considered.
Milon, J.W. (1988). "Travel Cost Methods for Estimating the
Recreational Use Benefits of Artificial Marine Habitat." Draft
report, forthcoming in South. J. Agric. Econ..
The growing popularity of marine recreational fishing has created
considerable interest in artificial marine habitat development to maintain and
enhance coastal fishery stocks. This paper provides a comparative evaluation
of travel cost methods to estimate recreational use benefits for new habitat
site planning. Theoretical concerns about price and quality effects of
substitute sites, corner solutions in site choice, and econometric estimation
are considered. Results from a case study indicated that benefit estimates
are influenced by the way these concerns are addressed but relatively simple
single site models can provide defensible estimates. Practical limitations on
data collection and model estimation are also considered.
Milon, J.W. (1989). "Estimating Recreational Angler Participation and
Economic Impact in the Gulf of Mexico Mackerel Fishery." Marfin
Contract No. NA86WC-H-06116.
This study uses the Marine Recreational Fisheries Statistics Survey to
4 4 9