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

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Schworm, William E. (1983). "Monopsonistic Control <strong>of</strong> a Common Property<br />

Renewable Resource." Canadian Journal <strong>of</strong> Economics, 8:275-287.<br />

In this paper the Crutchfield and Pontecorvo conjecture that a<br />

monopsonistic processing sector would induce efficient use <strong>of</strong> a common<br />

property resource is analyzed. It is shown that if the harvesting sector<br />

consists <strong>of</strong> a large number <strong>of</strong> firms with identical convex technologies, then<br />

the conjecture is correct. In addition, sufficient conditions are found under<br />

which the stationary resource stock with a monopsonistic processing sector is<br />

greater than the efficient size.<br />

Scott, Anthony (1955). "The Fishery: The Objectives <strong>of</strong> Sole Ownership."<br />

Journal <strong>of</strong> Political Economy, 63:116-124.<br />

This paper compares the use <strong>of</strong> a fishery by competing fishermen with the<br />

mode <strong>of</strong> management that would be most pr<strong>of</strong>itable to a sole owner <strong>of</strong> the same<br />

fishery. The long run considerations <strong>of</strong> efficiency suggest that sole<br />

ownership is a much superior regime to competition but that in the short run<br />

in the ordinary case there is little difference between the efficiency <strong>of</strong><br />

common and <strong>of</strong> private property.<br />

Scott, Anthony (1967). "The Theory <strong>of</strong> the Mine Under Conditions <strong>of</strong><br />

Certainty." In M. Gaffney (ed.), Extractive Resources and<br />

Taxation, University <strong>of</strong> Wisconsin Press.<br />

The purpose <strong>of</strong> this paper is to examine decisions about rates <strong>of</strong><br />

production, investment in capacity, and the life <strong>of</strong> a mine. The same<br />

considerations would apply to the extraction <strong>of</strong> trees from a forest, oil from<br />

a well, or fish from a fishery.<br />

Scott, Anthony (ed.) (1970). Economics <strong>of</strong> Fisheries Management: A<br />

Symposium. Institute <strong>of</strong> Animal Resource Ecology, University <strong>of</strong><br />

British Columbia, University <strong>of</strong> British Columbia Press,<br />

Vancouver, Canada.<br />

A set <strong>of</strong> papers from a conference on <strong>fisheries</strong> management. Topics<br />

include dynamic models <strong>of</strong> fishing, seasonality models, efficient regulation,<br />

management, prices and allocation over space, and the <strong>economics</strong> <strong>of</strong><br />

international fishing conventions.<br />

Scott, Anthony (1973). Natural Resources: The Economics <strong>of</strong><br />

Conservation. The Carleton Library No. 68, McClelland and Stewart<br />

Limited, University <strong>of</strong> Toronto Press, Toronto.<br />

This book is designed to throw some theoretical light on the<br />

implications <strong>of</strong> conservation. Economics has at hand a body <strong>of</strong> theory that may<br />

be used to analyze the exploitation and restoration <strong>of</strong> natural resources as a<br />

special case <strong>of</strong> using up any productive asset. In addition to accounting for<br />

individual pr<strong>of</strong>its and expenses, the student <strong>of</strong> natural resource use must also<br />

observe the extra social costs and benefits accruing to other persons and<br />

groups.<br />

Scott, Anthony (1979). "Development <strong>of</strong> Economic Theory on Fisheries<br />

Regulation." J. Fish. Res. Board Can., 36:725-741.<br />

A survey <strong>of</strong> the economic <strong>literature</strong> <strong>of</strong> <strong>fisheries</strong> regulation shows that<br />

little <strong>of</strong> analytical value for the comparison <strong>of</strong> alternative regulatory<br />

techniques has emerged. The suggestion that the general <strong>literature</strong> on<br />

regulation, and on pubic choice, has something to contribute to the<br />

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