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

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Service, Restricted Access Management Division, P.O. Box 21668, Juneau,<br />

Alaska, March, 25 pp.<br />

This report contains general information about the IFQ program s history<br />

and main elements, a review <strong>of</strong> the performance <strong>of</strong> the program and the fleet<br />

during the 1996 season, a discussion <strong>of</strong> the numbers, rules, and regulations<br />

that will govern the 1997 season, a discussion <strong>of</strong> ideas for program changes,<br />

and a variety <strong>of</strong> charts and tables in the appendix.<br />

Smith, Philip J. (1998). 1998 Report to the Fleet. National Marine<br />

Fisheries Service, Restricted Access Management Division, P.O. Box<br />

21668, Juneau, Alaska, February, 25 pp.<br />

This report contains general information about the IFQ program s history<br />

and main elements, a review <strong>of</strong> the performance <strong>of</strong> the program and the fleet<br />

during the 1997 and 1998 seasons, a discussion <strong>of</strong> the IFQ program, such as<br />

issuance <strong>of</strong> quota shares, transfer activity, and consolidation. Information<br />

on Magnuson/Stevens Act Amendments, IRS tax tips, and the IFQ program on the<br />

Internet is also provided.<br />

Smith, Suzanna and Michael Jepson (1993). "Big Fish, Little Fish:<br />

Politics and Power in the Regulation <strong>of</strong> Florida's Marine<br />

Resources." Social Problems, 40 (1):?-?.<br />

This paper draws on interviews with 70 couples in commercial fishing<br />

families to examine the relative influence <strong>of</strong> objective scientific information<br />

as opposed to political and social considerations on the management and<br />

allocation <strong>of</strong> marine resources. Decisions about the regulation <strong>of</strong> commercial<br />

fishing are influenced by Florida's economic dependence on tourism and related<br />

development and competition for control <strong>of</strong> the state's coastal resources.<br />

Class, power, and bureaucratic knowledge all have a part in the decisions that<br />

shape the regulation <strong>of</strong> Florida's inshore net fishing industry.<br />

Smith, Terrance (1997). Solving the Bycatch Problem: An Economic<br />

Perspective. In Solving Bycatch, Considerations for Today and<br />

Tomorrow, Alaskan Sea Grant College Program Report No. 96-03, University<br />

<strong>of</strong> Alaska, Fairbanks, Alaska, 322 pp.<br />

Because most fishing gear is completely selective, fishing operations<br />

result in the incidental catch <strong>of</strong> species not targeted. This incidental<br />

catch, or bycatch, can occur in two contexts: (1) in a mix species or<br />

multispecies fishery where the species caught are managed as a unit or by a<br />

single management agency, or (2) in <strong>fisheries</strong> where the bycatch <strong>of</strong> species<br />

regulated by a different management entity must be minimized. From an<br />

economic perspective, the first kind <strong>of</strong> bycatch can be dealt with using<br />

traditional management tools. Regulating the second kind <strong>of</strong> bycatch, however,<br />

creates additional costs. The bycatch fishery experiences control costs -<br />

foregone revenue from the loss <strong>of</strong> target species that might have been taken,<br />

and in addition, the increased operational cost associated with avoiding<br />

bycatch. The other fishery experiences impact cost - foregone revenue<br />

because the bycatch fishery reduced the potential yield form the fishery.<br />

This second class <strong>of</strong> bycatch control problem is common and exists, for<br />

example, in the groundfish <strong>fisheries</strong> <strong>of</strong>f Alaska, where the bycatch <strong>of</strong> halibut,<br />

red king crab, Tanner crab, herring, and salmon is limited. It also exists in<br />

the gillnet <strong>fisheries</strong> for groundfish <strong>of</strong>f New England, where time/area closures<br />

limit target catch to reduce harbor porpoise bycatch mortality. Controlling<br />

bycatch is thus another allocation issue and amenable to cost/benefit<br />

analysis. An examination <strong>of</strong> current bycatch management systems in the Alaskan<br />

groundfish <strong>fisheries</strong> and the northeast groundfish gillnet <strong>fisheries</strong> illustrate<br />

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