Modeling Recreational Catch and Dynamic Stock Adjustments: An Application to Commercial-Recreational Allocation
This paper is motivated by the commercial-recreational fishery allocation issue. A dynamic stock model is developed which includes aggregate recreational effort. Benefits for red drum anglers from hypothetical reallocation are estimated with RUM, and costs to the commercial sector are also estimated...
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| Veröffentlicht in: | Land economics 2000-08, Vol.76 (3), p.430-447 |
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| container_end_page | 447 |
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| container_title | Land economics |
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| creator | Schuhmann, Peter W. Easley, J. E. |
| description | This paper is motivated by the commercial-recreational fishery allocation issue. A dynamic stock model is developed which includes aggregate recreational effort. Benefits for red drum anglers from hypothetical reallocation are estimated with RUM, and costs to the commercial sector are also estimated. We aggregate net benefits across sectors, and discount over the simulated stock adjustment periods (24-46 years, depending upon parameter estimates assumed). Net benefits depend crucially upon the rate of recreational catch and effort adjustment to growth in stock. Under one set of modeling alternatives, reallocation does not yield positive net benefits. |
| doi_str_mv | 10.2307/3147039 |
| format | Article |
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E.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Modeling Recreational Catch and Dynamic Stock Adjustments: An Application to Commercial-Recreational Allocation</atitle><jtitle>Land economics</jtitle><date>2000-08-01</date><risdate>2000</risdate><volume>76</volume><issue>3</issue><spage>430</spage><epage>447</epage><pages>430-447</pages><issn>0023-7639</issn><eissn>1543-8325</eissn><abstract>This paper is motivated by the commercial-recreational fishery allocation issue. A dynamic stock model is developed which includes aggregate recreational effort. Benefits for red drum anglers from hypothetical reallocation are estimated with RUM, and costs to the commercial sector are also estimated. We aggregate net benefits across sectors, and discount over the simulated stock adjustment periods (24-46 years, depending upon parameter estimates assumed). Net benefits depend crucially upon the rate of recreational catch and effort adjustment to growth in stock. 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| ispartof | Land economics, 2000-08, Vol.76 (3), p.430-447 |
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| language | eng |
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| source | Periodicals Index Online; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing |
| subjects | Economic benefits Economic growth models Economic models Fishers Fishery economics Fishing Growth stocks Land economics Modeling Modelling Ordinary differential equations Recreation Resource allocation Sport fishing Utility models |
| title | Modeling Recreational Catch and Dynamic Stock Adjustments: An Application to Commercial-Recreational Allocation |
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