BIOECONOMIC MODELING OF A MULTICOHORT FISHERY: IMPLICATIONS FOR MANAGING THE ALASKAN KING CRAB INDUSTRY

The Alaskan king crab industry collapsed in the early l 980s due to stock declines and overexploitation. That collapse caused a transition within the industry and motivated analysis of the fishery. Bioeconomic modeling of the industry is presented, illustrating the importance of incorporating both b...

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Bibliographic Details
Main Authors: Hanson, Jeffrey E., Matulich, Scott C., Mittelhammer, Ron C.
Format: Text
Language:English
Published: Unknown 1988
Subjects:
Online Access:https://dx.doi.org/10.22004/ag.econ.270342
https://ageconsearch.umn.edu/record/270342
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Summary:The Alaskan king crab industry collapsed in the early l 980s due to stock declines and overexploitation. That collapse caused a transition within the industry and motivated analysis of the fishery. Bioeconomic modeling of the industry is presented, illustrating the importance of incorporating both biological and economic factors into the management process.