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Toward Behavioral Modeling Of Alaska Groundfish Fisheries: A Discrete Choice Approach To Bering Sea/Aleutian Islands Trawl Fisheries

Author

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  • DOUGLAS M. LARSON
  • WILLIAM R. SUTTON
  • JOSEPH M. TERRY

Abstract

This article implements a discrete choice model of fishery participation in the multispecies trawl fisheries of the Bering Sea/Aleutian Islands Region off Alaska. Nonparametric estimates of the operation‐specific moments of quasirent by fishery and week are used to explain probabilities of choosing different target fisheries. There are pronounced risk aversion, seasonal, and relative performance effects. Notably, the model runs with regularly collected data, so this type of discrete choice modeling can be used routinely in the management and policy evaluation process. Improvements are needed, though, in both the quality and the extent of economic data on fisheries in Alaska and elsewhere in the United States. (JEL Q22, C25, Q28)

Suggested Citation

  • Douglas M. Larson & William R. Sutton & Joseph M. Terry, 1999. "Toward Behavioral Modeling Of Alaska Groundfish Fisheries: A Discrete Choice Approach To Bering Sea/Aleutian Islands Trawl Fisheries," Contemporary Economic Policy, Western Economic Association International, vol. 17(2), pages 267-277, April.
    • Handle: RePEc:bla:coecpo:v:17:y:1999:i:2:p:267-277
    DOI: 10.1111/j.1465-7287.1999.tb00681.x
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    References listed on IDEAS

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    1. Homans, Frances R. & Wilen, James E., 1997. "A Model of Regulated Open Access Resource Use," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 1-21, January.
    2. Dale Squires, 1987. "Long-Run Profit Functions for Multiproduct Firms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(3), pages 558-569.
    3. Diane P. Dupont, 1991. "Testing for Input Substitution in a Regulated Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(1), pages 155-164.
    4. Bockstael, Nancy E. & Opaluch, James J., 1983. "Discrete modelling of supply response under uncertainty: The case of the fishery," Journal of Environmental Economics and Management, Elsevier, vol. 10(2), pages 125-137, June.
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    Cited by:

    1. Sultan, Riad, 2020. "Fishing location choice and risk preferences among small fishers – Implications for fisheries management policies," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 15(2), June.
    2. Joshua K. Abbott & James E. Wilen, 2010. "Voluntary Cooperation in the Commons? Evaluating the Sea State Program with Reduced Form and Structural Models," Land Economics, University of Wisconsin Press, vol. 86(1), pages 131-154.
    3. Smith, Martin D., 2002. "Renewable Resource Production Surfaces, Bioeconomic Steady States, And Space," 2002 Annual meeting, July 28-31, Long Beach, CA 19729, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Junjie Zhang & Martin Smith, 2011. "Heterogeneous Response to Marine Reserve Formation: A Sorting Model approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 49(3), pages 311-325, July.
    5. Martin Smith & James Wilen, 2005. "Heterogeneous and Correlated Risk Preferences in Commercial Fishermen: The Perfect Storm Dilemma," Journal of Risk and Uncertainty, Springer, vol. 31(1), pages 53-71, July.
    6. Abbott, Joshua K. & Wilen, James E., 2011. "Dissecting the tragedy: A spatial model of behavior in the commons," Journal of Environmental Economics and Management, Elsevier, vol. 62(3), pages 386-401.
    7. Smith, Martin D. & Provencher, Bill, 2003. "Spatial Search In Commercial Fishing: A Discrete Choice Dynamic Programming Approach," 2003 Annual meeting, July 27-30, Montreal, Canada 21932, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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    More about this item

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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