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

individuals who visit all recreational sites) are not the norm. Boundary
solutions (i.e., individuals who do not participate, or who visit some, but
not all, of the sites) predominate. We critique eight demand models in terms
of their ability to accommodate boundary solutions. Three models are
recommended for consideration when there are multiple sites and the data set
includes a significant number of boundary solutions: a repeated nested-logit
model, a multinomial share model, and a Kuhn-Tucker model.
Morrison, Catherine J. (1985). On the Economic Interpretation and
Measurement of Optimal Capacity Utilization with Anticipatory
Expectations. Review of Economic Studies, 52(169): 295-310.
This study builds on recent research giving the notion of capacity
utilization clearer economic foundations. In this research optimal output Y*
is defined as the minimum point on the firm s short run average total cost
curve, and capacity utilization is then computed as CU = Y/Y*, where Y is
actual output. Here I extend these concepts to include adjustment costs due
to changes in the stock of capital, and nonstatic expectations of future
output demand and input prices. The more general notion of CU is shown to
depend on the shadow values of the firm s quasi-fixed inputs, and is
decomposed to isolate the effects of anticipatory expectations. An empirical
comparison is then made between traditional indices and alternative economic
CU measures, using annual U.S. manufacturing data 1954 - 1980. The calculated
indices exhibit plausible patterns, which can be interpreted as the effects of
nonstatic expectations and adjustment costs.
Morrison, N.A., D.H. King, M.L. Quinto, and N.B. Webb (19??). "Effect
of Various Additives and Temperature Applications on the Texture
of Shrimp." Draft Chapter IV.
The main objective of this investigation was to determine the influence
of cooking, PH, and frozen storage on the texture of shrimp.
Moss, Charles B., Gretchen Greene, and Eric Thunberg (1994).
"Estimation of Recreational Anglers' Value of Reef-Fish in the
Gulf of Mexico." Draft report, Department of Food and Resource
Economics, University of Florida, Gainesville, FL.
Several public policy issues in the Gulf of Mexico region involve the
value of the reef fish recreational fishery. This study estimates the
economic impact of this fishery using a travel cost procedure. The results
indicate that the fishery generates $460 million within the state of Florida.
Motulsky, Harvey J. and Lennart A. Ransnas (1987). "Fitting Curves to
data Using Nonlinear Regression: A Practical and Nonmathematical
Review." FASEB J., 1:365-374.
Many types of data are best analyzed by fitting a curve using nonlinear
regression, and computer programs that perform these calculations are readily
available. Like every scientific technique, however, a nonlinear regression
program can produce misleading results when used inappropriately. This
article reviews the use of nonlinear regression in a practical and
nonmathematical manner. The review is designed to demystify nonlinear
regression so that both its power and its limitations will be appreciated.
Moussavian, Mohammed and Larry Samuelson (1984). "On the Extraction of
an Exhaustible Resource by a Monopoly." Journal of Environmental
Economics and Management, 11(2):139-146.
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