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

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Bell, Frederick W., Darrel A. Nash, Ernest W. Carlson, Frederick V.<br />

Waugh, Richard K. Kinoshita, and Richard F. Fullenbaum (1975). "A<br />

World Model <strong>of</strong> Living Marine Resources." Chapter 11 in Walter C.<br />

Labys (ed.). Quantitative Models <strong>of</strong> Commodity Markets. Ballinger<br />

Publishing Company, Cambridge, Mass.<br />

A bioeconomic model has been constructed to determine how future<br />

increases in world population and income will impact fish resources. This<br />

model is essentially a set <strong>of</strong> relationships describing the main biological and<br />

economic forces that determine the maximum sustainable supply <strong>of</strong> fish from the<br />

ocean, the amounts caught and consumed, the prices, the costs <strong>of</strong> production,<br />

and consumer income and population. Its contribution to commodity modeling<br />

methodology is that it integrates relevant biological and utilization factors<br />

into a single system structure.<br />

Bell, Frederick W., Philip E. Sorensen, and Vernon R. Leeworthy (1982).<br />

"The Economic Impact and Valuation <strong>of</strong> Saltwater Recreational<br />

Fisheries in Florida." SGR-47, Florida Sea Grant College, August,<br />

118 pp.<br />

This project quantifies both the market and nonmarket value and economic<br />

importance <strong>of</strong> Florida's saltwater recreational fishery. The objectives are:<br />

(1) to produce statistically reliable estimates <strong>of</strong> the value per recreational<br />

day and yearly <strong>of</strong> Florida's saltwater sport fishing; (2) to provide a<br />

demographic and economic pr<strong>of</strong>ile <strong>of</strong> instate and out <strong>of</strong> state sport fishermen;<br />

(3) to determine the impact <strong>of</strong> saltwater sport fishing on the Florida economy;<br />

and (4) to identify regions <strong>of</strong> critical state concern with respect to a<br />

decline in productivity <strong>of</strong> saltwater sport fishing in Florida waters due to<br />

overfishing, pollution, etc.<br />

Ben-Akiva, Moshe and Frank S. Koppelman (1974). "Multidimensional Choice<br />

Models: Alternative Structures <strong>of</strong> Travel Demand Models." National<br />

Research Council, Transportation Research Board, 149:129-142.<br />

A multidimensional choice situation can be represented by a simultaneous<br />

or recursive model structure. The paper described assumptions <strong>of</strong> each<br />

structure and argued that, in the absence <strong>of</strong> restrictive assumptions about<br />

behavior, travel decisions are more realistically represented by a<br />

simultaneous model structure. It is simple to estimate a recursive structure,<br />

for each choice model contains fewer alternatives and variables. The primary<br />

issues in the selection <strong>of</strong> a strategy for calibration are (a) whether<br />

calibrating the simultaneous model is feasible and (b) what effect the use <strong>of</strong><br />

a recursive rather than a simultaneous model structure has on the estimated<br />

parameters.<br />

Ben-Akiva, Moshe and Steven R. Lerman (1974). "Some Estimation Results<br />

<strong>of</strong> a Simultaneous Model <strong>of</strong> Auto ownership and Mode Choice to<br />

Work." Transportation, 3:357-376.<br />

This paper describes the theory, development, and estimation <strong>of</strong> a<br />

simultaneous disaggregate model <strong>of</strong> automobile ownership and mode to work<br />

choices. The motivation for such a model and the general theory <strong>of</strong> the<br />

simultaneous probabilistic choice model are discussed. The general model<br />

specification and the set <strong>of</strong> choices assumed to be available to each household<br />

is then considered. Finally, the variables used in the model are defined and<br />

the estimation results are presented.<br />

Benavie, Arthur (1970). "The Economics <strong>of</strong> the Maximum Principle."<br />

Western Economics Journal, 8:426-430.<br />

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