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

year class of prawns. A model of the fishery is constructed that is then
subjected to optimization techniques to derive optimal management strategies.
Dynamic programming is used to derive optimal fishery closures for a given
number of vessels. The derived controls take into account the major source of
variation (variable recruitment). Their sensitivity to the uncertain
parameters and to possible changes in costs is also considered, and the best
number of vessels is determined taking into account parameter uncertainty,
expected total profits, returns to capital, and the statistical distribution
of returns.
Sminkey, Thomas R. and John A. Musick (1995). Demographic Analysis of the
Sandbar Shark, Carcharhinus plumbeus, in the Western North Atlantic.
Virginia Institute of Marine Science, College of William and Mary,
Gloucester Point, Virginia, 16 pp.
Sandbar shark demographic analyses, using known and estimated life
history parameters, including fishing mortality (F) at ages and levels
estimated in a recent stock assessment, were used to estimate potential
population growth and exploitation.
Smit, Wil (1996). An Economic Approach to Measuring Fishing Effort:
Application to a Dutch Cutter Fleet. Marine Resource Economics,
11(4):305-311.
This paper reports on the on-going attempt to assess fishing capacity
and fishing effort for a range of years on the basis of common definitions.
An aggregate effort measurement for a specific fleet is developed, taking into
account capacity of the fleet and the number of days at sea. In this
measurement, the changes in the size and composition of the fleet over time is
measured using engine power, by weighting the engine power of vessels of
different sizes according to their economic productivity. Then, to find a
relationship between fishing effort and productive output, using landings by
species is not enough because catchability of the species varies over a wide
range. Instead quantities of landings are weighted by using average prices.
Thus, output is then a function of fishing effort and the availability of fish
stocks.
Smith, Baron A. (1978). "Measuring the Value of Urban Amenities."
Journal of Urban Economics, 5:370-387.
This paper develops a model for estimating price gradients for several
urban amenities that departs from traditional techniques. The approach used
is both intuitively appealing and fully consistent with basic urban location
theory developed over the past decade. Multidimensional price gradients are
estimated for such amenities as low crime, clean air, accessibility to work,
the local quality of education and local taxes. In addition subgroup analysis
allows the comparison of the estimated shadow prices for two different income
groups.
Smith, Courtland L. (1977). "The Failure of Success in Fisheries
Management." Environmental Management, 1(3):239-247.
Law of the Sea negotiations and The Fishery Conservation and Management
Act of 1976 create new options for fisheries management. Historical analysis
of two major management programs in the United States of America, columbia
River chinook salmon and Pacific halibut, shows two unresolved management
problems. One is the innovativeness of fishermen in seeking ways to improve
their harvests. The other is changing social priorities that are largely
unpredictable and outside the control of fisheries managers. A method for
6 0 8