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

property owners, such as David Lucas, may curtail some of these regulatory
activities. A survey of state environmental agencies was conducted to
determine if the recent U.S. Supreme Court decision in Lucas v. South Carolina
Coastal Council has had any effect on environmental regulation. Although most
states feel the Lucas ruling will have narrow effects, a great deal of concern
on the part of state agencies with regard to the possible implications of the
1992 ruling was found. Numerous states have planned new legislation,
implemented new legislation, or issued new directives for state planners to
avoid or mitigate problems that may result form similar takings cases.
Additionally, states are exhibiting greater caution due to increased concern
over future litigation and enhanced sensitivity to the possible harmful
effects of land use regulation.
Risenhoover, Alan (1995). Senate Draft Magnuson Act Bill. Memorandum,
Legislative Affairs, National Marine Fisheries Service, Silver Springs,
MD, March.
A staff redraft of the Senate Magnuson Act reauthorization bill released
by the Senate Commerce Committee.
Ritter, Joseph A. (1995). "The Transition from Barter to Fiat Money."
The American Economic Review, 85(1):134-149.
How did it become possible to exchange apparently valueless pieces of
paper for goods? This paper provides an equilibrium account of the transition
between barter and fiat money regimes. The explanation relies on the
intervention of a self-interested government which must be able to promise
credibly to limit the issue of money. To achieve credibility, the government
must offset the benefits of seigniorage by internalizing some of the
macroeconomic externalities generated by the issue of fiat money. The
government's patience and the extent of its involvement in the economy are key
determinants of whether the transition can be accomplished.
Rizzo, Gianfranco and Massimo Spagnolo (1996). A Model for the Optimal
Management of Sea Bass Dicentrarchus Labrax Aquaculture. Marine
Resource Economics, 11(4):267-286.
A bioeconomic model for the simulation and the optimal management of a
fish farm for sea bass Dicentrarchus labrax is presented. Growth and
mortality, considered as a Markovian process, are described by a biological
submodel, taking into account the effects of water temperature, feeding level,
oxygen content, and water supply. Stochastic effects in growth and mortality,
relating to the effects of genetic differences, can be also considered in the
model. An economic submodel evaluates costs and revenues relating to plant
management . The model exhibits good capabilities in predicting the effects
of operating variables on fish growth and on economic outcomes and in
determining the optimal strategies for plant management in different
scenarios, considering the complex interactions of technical, biological, and
economic aspects.
Roberts, Callum M. and Nicholas V.C. Polunin (1993). "Marine Reserves:
Simple Solutions to Managing Complex Fisheries." Ambio,
22(6):363-368.
Fisheries on coral reefs are highly complex, can be very productive, but
typically have little or no management. Widespread overfishing and declining
yields reveal an acute need for proper management. However, conventional
management methods are inappropriate for two main reasons: they require much
information on the biology of stocks and are expensive and difficult to
5 6 7