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- Title
The bioeconomics of resource rehabilitation: A commercial-sport analysis for a Great Lakes fishery.
- Authors
Millman, Scott R.; Johnson, Barry L.; Bishop, Richard C.; Boyle, Kevin J.
- Abstract
We construct a fishery model which simulates: (a) stochastic population fluctuations and (b) harvest shifts between commercial and sport user groups. This model then assesses, for both commercial and sport harvesters, the bioeconomic impact of an ongoing rehabilitation plan for the yellow perch fishery of Green Bay, Lake Michigan. Overall economic gains from this plan are positive, with sport anglers reaping sizeable benefits, while commercial harvesters lose moderately. Using probing exercises which approximate economic optimization, the efficient allocation of harvest between sport and commercial user groups is also explored. Uncertainties about sport effort levels greatly influence this optimal allocation.
- Subjects
GREAT Lakes Region (North America); LAKE Michigan; COMMERCIAL vs. recreational use of fishery resources; FISHERIES; FISHERY management; MARINE resources policy; FISH populations; AQUATIC sports; HARVESTING
- Publication
Land Economics, 1992, Vol 68, Issue 2, p191
- ISSN
0023-7639
- Publication type
Article
- DOI
10.2307/3146774