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

This paper describes a model for deriving hunting and fishing values
based on the hedonic price approach and estimates such values using data from
the 1975 National Survey of Hunting, Fishing and Wildlife Associated
Recreation.
Brown, Gardner, Jr. and Barry C. Field (1978). "Implications of
Alternative Measures of Natural Resource Scarcity." Journal of
Political Economy, 86(2):229-243.
We argue that the most commonly used measures of natural resource
scarcity are deficient. The discussion begins with some general comments on
natural resource scarcity, then turns to a description and evaluation of each
of the major scarcity indices: unit cost, product output prices, and rental
rates. Rental rates are an useful proxy, marginal discovery costs are
preferred over the rival measures. But there are important instances where
good scarcity indicators may be entirely absent.
Brown, Gardner, Jr. and C.B. McGuire (1967). "A Socially Optimal
Pricing Policy for a Public Water Agency," Water Resources
Research, 3(1):33-43.
A simple model is developed for determining the socially optimum price
to charge locationally differentiated irrigation districts for both surface
and groundwater supplies. Steady state conditions are assumed for groundwater
conditions and water demand functions. A divergence between social and
private optimums arises from the existence of unadjudicated rights to
groundwater supplies. The social optimum can be achieved by an appropriately
conceived taxing policy. Water prices, tax rates, and optimum lift levels are
estimated for seven irrigation districts, members of a master water agency.
Brown, Gardner, Jr. and Robert Mendelsohn (1984). "The Hedonic Travel
Cost Method." The Review of Economics and Statistics, 66:427-433.
The hedonic travel cost method is a technique that reveals how much
users are willing to pay for the individual characteristics of outdoor
recreation sites. The prices of recreation attributes are estimated by
regressing travel costs on the bundles of characteristics associated with each
of several potential destination sites. The demand for site characteristics
on site quality is then revealed by comparing the site selection of users
facing different attribute prices. The technique is applied to value
steelhead fish density in Washington State streams.
Brown, Gardner, Jr. and Henry O. Pollakowski (1977). "Economic
Valuation of Shoreline." Review of Economics and Statistics,
59(August):272-278.
Shoreline development is a growing public policy issue in many urban
areas. This paper extends recent economic work that has produced quantitative
measures of value for phenomena hitherto restricted to qualitative expression.
First examined is the choice of housing attributes, including water related
open space and proximity to bodies of water, faced by a household in a
metropolitan area. Next, the process of implicit price formation is examined,
and, employing data on individual dwelling units in a metropolitan area with
numerous bodies of water, these implicit prices are estimated. Then, the
question of what can and cannot be inferred from these results about the
demand for open space and the welfare gains or losses resulting from possible
changes in the amount of water related open space.
Brown, Gary L. (1981). "A Survey of Recreational Shrimping in the Bay
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