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

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(5) conservation was traditionally widely practiced, and (6) sanctions and<br />

punishments are meted out for infringement <strong>of</strong> regulations. Most remaining<br />

systems are hybrids <strong>of</strong> traditional and modern components, with the latter<br />

becoming dominant. Interpretation <strong>of</strong> the <strong>literature</strong> without supplementary<br />

field verification is severely constrained by the use <strong>of</strong> the " anthropological<br />

present" tense.<br />

Ruffin, Roy J. and M.D. Anderson (1996). Externalities, Markets, and<br />

Government Policy. Economic Review, Third Quarter: 24-29, Federal<br />

Reserve Bank <strong>of</strong> Dallas, P.O. Box 655906, Dallas, Texas.<br />

Coase s contribution to understanding the role <strong>of</strong> government in the<br />

economy is explained. Coase showed that externalities may or may not require<br />

a government solution, depending on the institutional setting <strong>of</strong> the problems<br />

and the size <strong>of</strong> the transaction costs. Moreover, even in the absence <strong>of</strong><br />

externalities, market transactions require low transaction costs. Firms exit<br />

to economize on those costs. In shifting the terms <strong>of</strong> the debate, Coase<br />

single-handedly moved <strong>economics</strong> from presuming specific roles for government<br />

action to a more neutral position requiring detailed analysis to justify<br />

government intervention.<br />

Rulifson, Roger A., James D. Murray, and James J. Bahen (1991).<br />

"Bycatch Reduction in South Atlantic Shrimp Trawls Using Three<br />

Designs <strong>of</strong> "Finfish Separator Devices"." Final report prepared for<br />

NOAA, NMFS.<br />

Standard shrimp trawls used in the southeastern USA commercial fishery<br />

were modified in an attempt to reduce the amount <strong>of</strong> unwanted fish and<br />

invertebrates (bycatch) retained during normal shrimp trawling procedures<br />

using the Parrish TED, square mesh FSD, and the diamond mesh FSD with and<br />

without hoops. No significant loss in marketable-sized fish was observed<br />

among the FSD designs compared to control catches. The objective <strong>of</strong> a 50%<br />

bycatch reduction with a shrimp loss <strong>of</strong> less than 5% was not consistently<br />

obtained.<br />

Rulifson, Roger A., James D. Murray, and James J. Bahen (1992).<br />

"Finfish Catch Reduction in South Atlantic Shrimp Trawls Using<br />

Three Designs <strong>of</strong> By-Catch Reduction Devices." Fisheries, 17(1):9-<br />

20.<br />

Standard shrimp trawls used in the southeastern U.S. commercial fishery<br />

were modified in an attempt to reduce the amount <strong>of</strong> unwanted fish (bycatch)<br />

retained during normal shrimp trawling procedures. A sampling design was used<br />

to test the effectiveness <strong>of</strong> bycatch reduction devices (BRDs) towed in<br />

combination with unmodified nets in coastal waters <strong>of</strong>f Brunswick, Georgia, in<br />

1990. Several problems hampered statistical analysis <strong>of</strong> the data, including<br />

slight differences in the towing <strong>of</strong> port and starboard nets, onboard<br />

modifications <strong>of</strong> BRDs during testing to correct design deficiencies, and<br />

seasonality <strong>of</strong> shrimp catches in combination with large masses <strong>of</strong> sargassum<br />

and jellyfish in trawls during fall sampling. The modified Parrish turtle<br />

excluder device (TED) was the only BRD that had a significant reduction (alpha<br />

= 0.05) in the percent difference in total biomass compared to the control<br />

net. Bycatch reduction was not consistent for other designs. No significant<br />

loss <strong>of</strong> marketable sized fish was observed among the BRD designs compared to<br />

control catches. The ability <strong>of</strong> smallest juvenile fish to escape from BRDs,<br />

thus shifting (increasing) the length-frequency distribution, was species<br />

specific. The normal Parrish TED was best suited for escapement <strong>of</strong> smallest<br />

menhaden, while the diamond-mesh BRD with hoops best minimized capture <strong>of</strong> the<br />

smallest Atlantic bumper, grey trout, and Atlantic croaker. The square-mesh<br />

5 7 8

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