REVENUE RISK AND FISHERY CHOICE WITH LINEAR-EXPONENTIAL UTILITY: AN APPLICATION TO BERING SEA/ALEUTIAN ISLANDS TRAWL FISHERIES
A discrete choice model of 1991-96 trawl groundfish fishery participation in the Bering Sea/Aleutian Islands region is developed and estimated. The model fits well, with strong risk and seasonal effects. Notably, the model uses routinely-collected data, suggesting this type of analysis can be a regu...
Main Authors: | , , |
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Format: | Conference Object |
Language: | English |
Published: |
AgEcon Search
1998
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Subjects: | |
Online Access: | http://purl.umn.edu/20985 |
Summary: | A discrete choice model of 1991-96 trawl groundfish fishery participation in the Bering Sea/Aleutian Islands region is developed and estimated. The model fits well, with strong risk and seasonal effects. Notably, the model uses routinely-collected data, suggesting this type of analysis can be a regular part of the management process. |
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