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

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Implications <strong>of</strong> this issue for seafood safety and management policies are<br />

discussed.<br />

Western Pacific Regional Fishery Management Council (1998). Amendment 5,<br />

Northwestern Hawaiian Islands Mau Zone Limited Access System, Fishery<br />

Management Plan for the Bottomfish and Seamount Groundfish Fisheries <strong>of</strong><br />

the Western Pacific Region. Western Pacific Regional Fishery<br />

Management Council, 1164 Bishop Street, Suite 1400, Honolulu, Hawaii,<br />

August, 75 pp.<br />

Yhis amendment will establish limited access system for the Mau Zone.<br />

Weymark, John A. (1980). "Duality Results in Demand Theory." European<br />

Economic Review, 14:377-395.<br />

Four results in demand theory are considered: the Ville-Roy Identity,<br />

the Hotelling-Wold Identity, the Shephard Lemma, and the Shephard-Hanoch<br />

Lemma. It is shown how all four theorems can be stated using the same<br />

functional form and can be illustrated using the same graphical technique.<br />

Consideration is also given to the nature <strong>of</strong> the compensations employed in<br />

movements along compensated and inverse compensated demand functions.<br />

White, David R.M. (1990). "Sea Turtles and Resistance to TEDs Among<br />

Shrimp Fishermen <strong>of</strong> the U.S. Gulf Coast." Report, Environmental<br />

Affairs Division, Southern California Edison Company.<br />

The National Marine Fisheries Service has issued regulations requiring<br />

southeast Atlantic and Gulf Coast shrimp fishermen to use Turtle Excluder<br />

Devices (TEDs) on their nets. Significant opposition has developed among Gulf<br />

Coast shrimpers. Ethnographic data, including observations <strong>of</strong> turtle capture<br />

and mortality, suggest reasons for resistance to the regulations.<br />

Whitehead, John C. (1992). Ex Ante Willingness to Pay with Supply and Demand<br />

Uncertainty: Implications for Valuing a Sea Turtle Protection<br />

Programme. Applied Economics, 24:981-988.<br />

It is argued that ex ante willingness to pay is appropriately measured<br />

as a function <strong>of</strong> subjective supply and demand probabilities. An exploratory<br />

case study <strong>of</strong> a loggerhead sea turtle protection programme is used to show how<br />

estimates <strong>of</strong> these probabilities can be obtained from a sample survey and how<br />

a change in probabilities determines contingent choice. Empirical results<br />

confirm that subjective probabilities are important when explaining ex ante<br />

willingness to pay. Attempts to estimate the determinants <strong>of</strong> ex ante<br />

willingness to pay without controlling for subjective probabilities will<br />

result in specification bias. It is important that subjective probability<br />

information is gleaned from contingent valuation survey respondents and<br />

included in empirical models <strong>of</strong> contingent choice.<br />

Whitmarsh, David J. and James A. Young (1985). "Management <strong>of</strong> the UK<br />

Mackerel Fisheries, An Economic Perspective." Marine Policy,<br />

July:220-236.<br />

The mackerel <strong>fisheries</strong> in the Northeast Atlantic have undergone radical<br />

development in recent years. The largest EEC participant, the UK, has<br />

introduced a number <strong>of</strong> control measures designed to regulate these <strong>fisheries</strong>.<br />

The article highlights the practical difficulties <strong>of</strong> <strong>fisheries</strong> management,<br />

drawing attention particularly to the objectives pursued, how closely they<br />

have been attained and the adverse effects <strong>of</strong> regulation. In the final<br />

section the proposition is made that economically oriented techniques <strong>of</strong>fer a<br />

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