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

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ureaucratic supply determines only the bureau's preferred output based on an<br />

assumption that the bureau acts to maximize its budget. The government's<br />

preferred output is determined from conventional majority rule models or from<br />

my special model <strong>of</strong> decisions by a "high demand" committee.<br />

Two criticisms <strong>of</strong> this theory are (1) that budget maximization by<br />

bureaus is not obviously consistent with utility maximizing by bureaucrats and<br />

(2) that the theory does not develop the conditions for an equilibrium output<br />

between the output preferred by the bureau and the output preferred by the<br />

government. Based on these criticisms, modifications to the theory are<br />

outlined in this paper.<br />

Nix, Harold L. and Muncho Kim (1982). "A Sociological Analysis <strong>of</strong><br />

Georgia Commercial Shrimp Fishermen, 1976-77." Institute <strong>of</strong><br />

Community and Area Development, The University <strong>of</strong> Georgia, Athens,<br />

Georgia, March, 182 pp.<br />

This publication is both theoretical and practical. It is theoretical<br />

in that it provides a theoretical model for understanding the social behavior<br />

<strong>of</strong> an occupation. It is practical in that it describes the attitudes,<br />

behavior, and problems faced by Georgia shrimp fishermen as they approached an<br />

era <strong>of</strong> very rapid change. In addition, it is felt that this document will<br />

serve as a historical bench mark for additional studies and by which<br />

occupational change may be analyzed.<br />

Nixon, Dennis W. (1994). Managing Marine Fisheries Through Individual<br />

Transferable Quotas. In Karyn L. Gimbel (ed.) Limiting Access to Marine<br />

Fisheries: Keeping the Focus on Conservation, Center for Marine<br />

Conservation and the World Wildlife Fund, Washington, D.C.<br />

Until recently, the traditional tools <strong>of</strong> the fishery manager (minimum<br />

sizes, closed seasons, etc.) were sufficient to ensure the health <strong>of</strong> our<br />

nation s open access fishery resources. However, the tremendous growth in<br />

harvesting capacity spurred by the passage <strong>of</strong> the Magnuson Act has created the<br />

need either to develop some new tools or radically improve the effectiveness<br />

<strong>of</strong> the existing methods. This paper will discuss the use <strong>of</strong> one new tool, the<br />

individual transferable quota (ITQ), and examine the advantages and<br />

disadvantages associated with its use in the context <strong>of</strong> the seven National<br />

Standards for fishery conservation and management in the Magnuson Act. Four<br />

major problem areas are considered. First, the nature <strong>of</strong> the property right<br />

is considered, with particular attention to the issue <strong>of</strong> initial allocation.<br />

Second, the difficulty in establishing the appropriate management unit is<br />

considered. Third, the problem <strong>of</strong> determining TAC with sufficient specificity<br />

for an ITQ system is examined. Finally, the issues <strong>of</strong> monitoring and<br />

enforcing the more complex ITQ system are considered. ITQs while having<br />

potential in some U.S. <strong>fisheries</strong> are no silver bullet for fishery managers.<br />

Noetzel, Bruno G. (1977). "Revenues, Costs, and Returns from Vessel<br />

Operation in Major U.S. Fisheries." PB 265 275, National Marine<br />

Fisheries Service, Washington, D.C., February, 23 pp.<br />

The proceeds from operation <strong>of</strong> fishing vessels in selected U.S.<br />

<strong>fisheries</strong> in the Atlantic, Pacific, and Gulf <strong>of</strong> Mexico are evaluate. The<br />

report covers the groundfish <strong>fisheries</strong> <strong>of</strong> New England and the entire Pacific<br />

coast (including halibut fishing), the Pacific salmon <strong>fisheries</strong>, the tuna<br />

<strong>fisheries</strong> (albacore and tropical tuna), the shrimp fishery in the Gulf <strong>of</strong><br />

Mexico, and the crab <strong>fisheries</strong> in the Northeast Pacific and Bering Sea. These<br />

<strong>fisheries</strong> accounted for 65% by quantity and 68% by value <strong>of</strong> total U.S. food<br />

fish landings in 1974. A total <strong>of</strong> 297 vessel years <strong>of</strong> operation were<br />

analyzed. The purpose <strong>of</strong> the analysis is to provide an insight into the<br />

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