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...

Full description

Bibliographic Details
Main Authors: House, Brett W., Larson, Douglas M., Terry, Joseph M.
Format: Text
Language:English
Published: Unknown 1998
Subjects:
Resource /Energy Economics and Policy
Bering Sea
Aleutian Islands
Online Access:https://dx.doi.org/10.22004/ag.econ.20985
https://ageconsearch.umn.edu/record/20985
Description
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.

Similar Items