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

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controls and (ii) the use <strong>of</strong> output controls. Optimum fleet size is<br />

considered and its associated implications for the rules for pot transfer, pot<br />

reduction and boat replacement, and license splitting.<br />

Bowes, Michael D. and John V. Krutilla (1985). "Multiple Use Management<br />

<strong>of</strong> Public Forestlands." Chapter 12 in Kneese, Allen V. and James<br />

L. Sweeney (ed.). Handbook <strong>of</strong> Natural Resource and Energy<br />

Economics, Vol. II, Elsevier Science Publishers B.V.<br />

This chapter is intended to provide a background in economic concepts<br />

specifically focused on the multiple use management <strong>of</strong> public forestlands by<br />

extending the models introduced in Chapter 2. The managers <strong>of</strong> these lands<br />

must, in addition to considering the value <strong>of</strong> timber harvests, the primary<br />

focus <strong>of</strong> Chapter 2, consider the various nonmarket amenity services such as<br />

recreation, water flow and wildlife which are influenced by alterations in the<br />

standing stocks <strong>of</strong> timber. We discuss research results on the relation <strong>of</strong><br />

such multiple use management to single purpose timber management. The<br />

presentation is motivated by a number <strong>of</strong> issues <strong>of</strong> current concern: the<br />

withdrawal <strong>of</strong> lands from timber management, the specialization or<br />

diversification <strong>of</strong> land use, the level and stability <strong>of</strong> timber supply, and the<br />

wisdom <strong>of</strong> certain accepted rule-<strong>of</strong>-thumb principles <strong>of</strong> public forestland<br />

management related to the age and level <strong>of</strong> harvests.<br />

Boxall, Peter C. (1995). The Economic Value <strong>of</strong> Lottery-Rationed Recreational<br />

Hunting. Canadian Journal <strong>of</strong> Agricultural Economics, 43(1):119-131.<br />

Lottery-rationed permit systems are used to allocate hunting<br />

opportunities where demand for permits exceeds the ability <strong>of</strong> the animal<br />

populations to sustain hunting harvest levels. Attempts to estimate the<br />

values <strong>of</strong> lottery-rationed hunting use a zonal travel cost model where<br />

applications per capita formed the dependent variable and expected travel<br />

costs represent the price variable. This paper reexamines this analysis using<br />

a discrete choice travel cost model which incorporates the expectation <strong>of</strong><br />

receiving a permit. This model is developed for lottery-rationed antelope<br />

hunting in Alberta. Choice in the lottery-rationed hunting context involves<br />

selecting one site from a set defined through management regulations. The<br />

discrete choice travel cost model is proposed as superior to the early models<br />

because it better represents this behavioral process.<br />

Boyce, John R. (1987). "Information and Uncertainty: A Behavioral Model<br />

<strong>of</strong> a Commercial Fishery." Draft report, Department <strong>of</strong><br />

Agricultural Economics, University <strong>of</strong> California, Davis.<br />

This paper addresses fishery management from a within season point <strong>of</strong><br />

view; the movement <strong>of</strong> fishermen with multiple locational choices. A model is<br />

developed that explains fishing fleet allocation among the alternative<br />

locations given uncertainty with respect to the catch rates in each location<br />

and competition between the fishermen for the allowed catch. The model<br />

focuses upon the decision rules under which rational risk-neutral agents would<br />

choose to operate when competing with other agents in a stochastic<br />

environment.<br />

Boyce, John R. (1988). "Rent Dissipation from Entry and Exit in a<br />

Fishery." Draft report.<br />

This paper examines the dissipation <strong>of</strong> rents that occurs in an open<br />

access fishery within a season. The behavioral model that is developed below<br />

explicitly assumes that agents seek to maximize their expected pr<strong>of</strong>its over a<br />

fishing season. To do so, agents must account for both the variable costs and<br />

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