Journal ArticleDOI
Assessing Efficiency Gains from Individual Transferable Quotas: An Application to the Mid-Atlantic Surf Clam and Ocean Quahog Fishery
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In this paper, the authors present a methodology to estimate harvest sector efficiency gains in lieu of incomplete fleet restructuring in the Mid-Atlantic surf clam and ocean quahog fishery ITQ program.Abstract:
Delayed fishing fleet restructuring complicates the assessment of efficiency gains from individual transferable quota (ITQ) fisheries management programs. This article presents a methodology to estimate harvest sector efficiency gains in lieu of incomplete fleet restructuring. The methodology is applied to assess the efficiency gains in the Mid-Atlantic surf clam and ocean quahog fishery ITQ program. While roughly 128 vessels harvested clams under the previous management regime, the analysis suggests that 21–25 vessels will remain under lTQs. The efficiency gains are estimated to be between $11.1 million and $12.8 million annually (1990 dollars).read more
Citations
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Journal ArticleDOI
Global fishery prospects under contrasting management regimes
Christopher Costello,Daniel Ovando,Tyler Clavelle,C. Kent Strauss,Ray Hilborn,Michael C. Melnychuk,Trevor A. Branch,Steven D. Gaines,Cody S. Szuwalski,Reniel B. Cabral,Douglas N. Rader,Amanda Leland +11 more
TL;DR: The results show that commonsense reforms to fishery management would dramatically improve overall fish abundance while increasing food security and profits, and that, with appropriate reforms, recovery can happen quickly.
Journal ArticleDOI
The economic effects of harmful algal blooms in the United States: Estimates, assessment issues, and information needs
TL;DR: The economic effects of harmful algal bloom (HAB) events in the U.S. were studied in this article, where the authors considered four basic types: public health, commercial fisheries, recreation and tourism, and monitoring and management.
MonographDOI
Estimated Annual Economic Impacts from Harmful Algal Blooms (HABs) in the United States
TL;DR: In this article, the National Oceanic and Atmospheric Administration (NOAA) under Grants No NA46RG0470 and NA90AA-D-SG480, the National Science Foundation under Grant No OCE-9321244, and the Johnson and Johnson Endowment of the Marine Policy Center
Journal ArticleDOI
Fishing Quota Markets
TL;DR: In this paper, the authors used a 15-year panel dataset from New Zealand that covers 33 species and more than 150 markets for fishing quotas to assess trends in market activity, price dispersion, and the fundamentals determining quota prices.
Journal ArticleDOI
Ecological and economic sustainability in fishery management: A multi-agent model for understanding competition and cooperation
TL;DR: In this article, the authors analyze the interactions between economic and ecological dynamic systems using a multi-agent dynamic model of fishery management, where multiple agents harvest multiple fish species and adapt the amount and allocation of their effort to their value functions, which are given as net profits of the fish harvest sold for a market price.
References
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