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Please use this identifier to cite or link to this item: http://purl.umn.edu/48890

Title: The Bioeconomic Implications of A Bycatch Reduction Device as a Stock Conservation Management Measure
Authors: Ward, John M.
Keywords: Bycatch
policy analysis
bioeconomic model
Issue Date: 1994
Abstract: The proposed regulation to reduce bycatch and discarding of finfish in the southeastern region is a gear modification that excludes finfish from shrimp trawls. This regulation is analyzed using a simple theoretical model of a multispecies fishery whose bycatch is harvested in a directed fishery consisting of commercial and recreational fishermen. The costless reduction in bycatch fishing mortality imposed on the multispecies fishery does not result in an increased stock size for the bycatch fish species or a substantial increase in its level of harvest. Instead, the fish stock is reallocated from the multispecies fishery to the fishery directed at the bycatch species causing fishing effort to expand in the bycatch species fishery that drives the stock size down to the previously existing equilibrium level. Recreational harvest and effort levels remain unchanged since the model is linear in effort and the commercial fishery is given access to the fishery first.
URI: http://purl.umn.edu/48890
Institution/Association: Marine Resource Economics>Volume 09, Number 3, 1994
Total Pages: 14
From Page: 227
To Page: 240
Collections:Volume 09, Number 3, 1994

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