25.07.2014 Views

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

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

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

pronounced, and it can vary considerably from culture to culture depending<br />

upon the institutional matrix and the vision <strong>of</strong> public leadership in any given<br />

society.<br />

The time-lag involved in the cultural appropriation <strong>of</strong> new scientific<br />

knowledge becomes a critical issue in trying to devise appropriate public<br />

policy for the global environment. Human communities perceive problems and<br />

devise public policies largely on the basis <strong>of</strong> metaphors derived from their<br />

historical experience. When confronted with new circumstances, the culturally<br />

dominant metaphors available to guide and motivate action may prove to be<br />

inappropriate or dysfunctional, engendering collective behavior that hastens<br />

ecosystemic collapse rather than that which might preserve system-wide<br />

integrity and continuity. This paper examines some <strong>of</strong> the disparities between<br />

emerging scientific models and the dominant cultural metaphors which continue<br />

to condition the development <strong>of</strong> public policy on environmental issues.<br />

Weitzman, Martin L. (1974). "Free Access vs. Private Ownership as<br />

Alternative Systems for Managing Common Property." Journal <strong>of</strong><br />

Economic Theory, 8:225-234.<br />

This paper develops a formal model to characterize and compare the<br />

alternative static allocations <strong>of</strong> resources that occur under conditions <strong>of</strong><br />

free access and <strong>of</strong> private property ownership. There turns out to be a<br />

definite limitation on the amount <strong>of</strong> inefficiency that can be introduced into<br />

a competitive situation when property is freely accessible. That bound has an<br />

interesting welfare interpretation. The variable factor will always be better<br />

<strong>of</strong>f with (inefficient) free access rights to the fixed factor than under<br />

(efficient) private ownership <strong>of</strong> property.<br />

Weitzman, Martin L. (1974). "Prices vs. Quantities." Review <strong>of</strong><br />

Economic Studies, 41(128):477-491.<br />

For one particular economic variable that needs to be regulated, what is<br />

the best way to implement control for the benefit <strong>of</strong> the organization as a<br />

whole? Is it better to directly administer the activity under scrutiny<br />

(quantities) or to fix transfer prices and rely on self-interested pr<strong>of</strong>it or<br />

utility maximization to achieve the same ends in decentralized fashion.<br />

Wellman, Katharine F. (1990). "Chicken <strong>of</strong> the Sea?: The U.S. Consumer<br />

Retail Demand for Fish Products." Ph.D. Dissertation, Department<br />

<strong>of</strong> Economics, University <strong>of</strong> Washington.<br />

The principle objectives <strong>of</strong> this study are (1) to address the<br />

limitations <strong>of</strong> past U.S. fish demand research at the retail level through the<br />

development <strong>of</strong> a variation <strong>of</strong> the almost ideal demand system model <strong>of</strong><br />

disaggregate fish products; (2) to address relevant model specification and<br />

estimation issues including the choice <strong>of</strong> an appropriate functional form, the<br />

incorporation <strong>of</strong> non-economic variables and household quality choice, and the<br />

determination <strong>of</strong> an estimation procedure for a system <strong>of</strong> demand equations<br />

given a sample with censored dependent variables; and (3) to address the<br />

importance <strong>of</strong> this economic analysis in the context <strong>of</strong> <strong>fisheries</strong> management<br />

and market development and promotion.<br />

Weninger, Quinn R.(1998). Assessing Efficiency Gains from Individual<br />

Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and<br />

Ocean Quahog Fishery. American Journal <strong>of</strong> Agricultural Economics,<br />

80(4):750-764.<br />

Delayed fishing fleet restructuring complicates the assessment <strong>of</strong><br />

efficiency gains from individual transferable quota (ITQ) <strong>fisheries</strong> management<br />

7 2 5

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!