IDEAS home Printed from https://ideas.repec.org/p/ags/aare05/137839.html
   My bibliography  Save this paper

Importance of user cost to the optimal management of multiplecohort fish populations

Author

Listed:
  • Doole, Graeme J.
  • Alexander, Robert R.

Abstract

Exploitation frequently reduces the mean age of a fish population, particularly where a lack of property rights stimulates producers to ignore the user cost of harvest. The authors demonstrate that harvesting a young fish bears a significant efficiency cost when the multiple benefits accruing to its protection are recognised. This is magnified when the full complement of year classes within a fish population is considered. These findings identify the importance of protecting older year classes using rights-based management and age/size restrictions, although their successful application can be problematic. In addition, the importance of incorporating more detail in bioeconomic models of multiple-cohort fisheries is highlighted, as underestimating the magnitude of user costs associated with the cropping of younger fish will promote recommendations for inefficient harvest levels. These factors are demonstrated in an application of an optimal control model to the New Zealand longfin eel (Anguilla dieffenbachii) fishery.

Suggested Citation

  • Doole, Graeme J. & Alexander, Robert R., 2005. "Importance of user cost to the optimal management of multiplecohort fish populations," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137839, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare05:137839
    DOI: 10.22004/ag.econ.137839
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/137839/files/2005_doolealexander.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.137839?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. R. Quentin Grafton & Leif K. Sandal & Stein Ivar Steinshamn, 2000. "How to Improve the Management of Renewable Resources: The Case of Canada's Northern Cod Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 570-580.
    2. Sherry L. Larkin & Gilbert Sylvia, 1999. "Intrinsic Fish Characteristics and Intraseason Production Efficiency: A Management-Level Bioeconomic Analysis of a Commercial Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(1), pages 29-43.
    3. Jon M. Conrad, 1982. "Management of a Multiple Cohort Fishery: The Hard Clam in Great South Bay," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(3), pages 463-474.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ho Geun Jang & Satoshi Yamazaki & Eriko Hoshino, 2019. "Profit and equity trade‐offs in the management of small pelagic fisheries: the case of the Japanese sardine fishery," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(3), pages 549-574, July.
    2. Sandal, Leif K. & Berge, Gerhard, 2004. "A method for numerical and analytical solutions to a class of nonlinear optimal control problems," Discussion Papers 2004/2, Norwegian School of Economics, Department of Business and Management Science.
    3. R. Quentin Grafton & Tom Kompas & Pham Van Ha, 2009. "Cod Today and None Tomorrow: The Economic Value of a Marine Reserve," Land Economics, University of Wisconsin Press, vol. 85(3), pages 454-469.
    4. Graeme J. Doole, 2005. "Optimal management of the New Zealand longfin eel (Anguilla dieffenbachii)," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(4), pages 395-411, December.
    5. Trond Bjørndal & Ana Brasão, 2004. "The Northern Atlantic Bluefin Tuna Fisheries: Management and Policy Implications," Working Papers 2004.69, Fondazione Eni Enrico Mattei.
    6. Mota, Rui Pedro & Nichols, Rachel, 2023. "Habitat considerations in optimal fisheries recovery," Ecological Economics, Elsevier, vol. 214(C).
    7. R. Quentin Grafton & Tom Kompas, 2014. "Three Pillars of Fisheries Policy," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 1(3), pages 609-614, September.
    8. Sylvia, Gilbert & Tuininga, Chris & Larkin, Sherry L., 2003. "Portfolio Analysis for Optimal Seafood Product Diversification and Resource Management," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(2), pages 1-20, August.
    9. Sarkar, Sudipto, 2009. "Optimal fishery harvesting rules under uncertainty," Resource and Energy Economics, Elsevier, vol. 31(4), pages 272-286, November.
    10. Fong, Quentin S. W. & Anderson, James L., 2002. "International shark fin markets and shark management: an integrated market preference-cohort analysis of the blacktip shark (Carcharhinus limbatus)," Ecological Economics, Elsevier, vol. 40(1), pages 117-130, January.
    11. Maroto, Jose M. & Moran, Manuel, 2014. "Detecting the presence of depensation in collapsed fisheries: The case of the Northern cod stock," Ecological Economics, Elsevier, vol. 97(C), pages 101-109.
    12. Cecilia Hammarlund, 2015. "The Big, the Bad, and the Average: Hedonic Prices and Inverse Demand for Baltic Cod," Marine Resource Economics, University of Chicago Press, vol. 30(2), pages 157-177.
    13. Tom Kompas & Pham Van Ha & R. Quentin Grafton, 2004. "Saving the Seas: The Economic Justification for Marine Reserves," International and Development Economics Working Papers idec04-3, International and Development Economics.
    14. R. Quentin Grafton & Tom Kompas & Pham Van Ha, 2006. "The Economic Payoffs from Marine Reserves: Resource Rents in a Stochastic Environment," The Economic Record, The Economic Society of Australia, vol. 82(259), pages 469-480, December.
    15. R. Quentin Grafton & Ragnar Arnason & Trond Bjorndal & David Campbell & Harry F. Campbell & Colin W. Clark & Robin Connor & Diane P. Dupont & Rognvaldur Hannesson & Ray Hilborn & James E. Kirkley & To, 2005. "Incentive-based approaches to sustainable fisheries (now replaced by EEN0508)," Economics and Environment Network Working Papers 0501, Australian National University, Economics and Environment Network.
    16. Homans, Frances R. & Wilen, James E., 2000. "Market Rent Dissipation In Regulated Open Access Fisheries," 2000 Annual meeting, July 30-August 2, Tampa, FL 21878, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    17. Jules Selles, 2018. "Fisheries management: what uncertainties matter?," Working Papers hal-01824238, HAL.
    18. Grafton, R. Quentin & Squires, Dale & Steinshamn, Stein Ivar, 2023. "Towards resilience-based management of marine capture fisheries," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 231-238.
    19. Krysiak, Frank C. & Krysiak, Daniela, 2002. "Aggregation of Dynamic Systems and the Existence of a Regeneration Function," Journal of Environmental Economics and Management, Elsevier, vol. 44(3), pages 517-539, November.
    20. Olli Tahvonen & Martin Quaas & Jörn Schmidt & Rudi Voss, 2013. "Optimal Harvesting of an Age-Structured Schooling Fishery," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(1), pages 21-39, January.

    More about this item

    Keywords

    Environmental Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aare05:137839. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.