The economics of marine resources and conservation policy : the Pacific halibut case study with commentary / editors, James A. Crutchfield, Arnold Zellner.

Format:

Book

Contributor:

Crutchfield, James A., 1938-

Zellner, Arnold.

Language:

English

Subjects (All):

Pacific halibut fisheries--Economic aspects.

Pacific halibut fisheries.

Pacific halibut--Conservation.

Pacific halibut.

Physical Description:

1 online resource (242 pages) : illustrations, maps

Edition:

1st ed.

Place of Publication:

Chicago ; London : University of Chicago Press, 2003.

Language Note:

English

System Details:

Mode of access: World Wide Web.

Summary:

How can we manage a so-called "renewable" natural resource such as a fishery when we don't know how renewable it really is? James A. Crutchfield and Arnold Zellner developed a dynamic and highly successful economic approach to this problem, drawing on extensive data from the Pacific halibut industry. Although the U.S. Department of the Interior published a report about their findings in 1962, it had very limited distribution and is now long out of print. This book presents a complete reprint of Crutchfield and Zellner's pioneering study, together with a new introduction by the authors and four new papers by other scholars. These new studies cover the history of the Pacific halibut industry as well as the general and specific contributions of the original work-such as price-oriented conservation policy-to the fields of resource economics and management. The resulting volume integrates theory and practice in a clear, well-contextualized case study that will be important not just for environmental and resource economists, but also for leaders of industries dependent on any natural resource.

Contents:

Frontmatter

CONTENTS

Introduction and Overview

ECONOMIC ASPECTS OF THE PACIFIC HALIBUT FISHERY

1 . Pacific Halibut Fishery

2. Theoretical Basis for Management

3. Objectives of Fishery Management

4. History of Regulation of the Halibut Fishery

5. General Effects of the Halibut Program

6. Analysis of Port Pricing of Halibut: Theoretical Considerations

7. Analysis of Port Pricing of Halibut: Empirical Results

8. Economic Survey of Boats and Fishermen

9. Economic Status of the Halibut Fishery

10. Summary of Economic Performance

11 . Policy Implications

Appendixes

1 . The Crutchfield and Zellner Monograph and the Evolution of Environmental and Resource Economics David Zilberman

2. Price-Oriented Management and the Pacific Halibut

3. Crutchfield and Zellner on Exvessel Price Determination in the Pacific Halibut Fishery

4. The Halibut Fishery

Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786612646287

9781282646285

1282646281

9780226121970

0226121976

OCLC:

642685757