Measuring the Economic Abatement Cost of Sea Turtle By-catch in the Northwest Atlantic Commercial Pelagic Longline Fishery

One pressing economic, societal and environmental issue affecting commercial fisheries is the production of undesirable outputs. In fisheries, undesirable outputs often arise because of economic or regulatory discarding of commercial species and/or the incidentally caught or ‘take’ of protected spec...

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Bibliographic Details
Main Authors: Solis, Daniel, Bisack, Kathryn, Walden, John, Richards, Paul, Agar, Juan
Format: Conference Object
Language:English
Published: International Institute of Fisheries Economics & Trade
Subjects:
Online Access:https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/g732dj19n
Description
Summary:One pressing economic, societal and environmental issue affecting commercial fisheries is the production of undesirable outputs. In fisheries, undesirable outputs often arise because of economic or regulatory discarding of commercial species and/or the incidentally caught or ‘take’ of protected species, such as sea turtles and marine mammals. In fisheries, undesirable outputs are an economic problem because: Non target catches increase harvesting costs because of the added costs of retrieving and removing the unwanted catch, replacing lost or damaged gear, and installing by-catch excluder devices. They also indirectly increase overall production costs due to the risk of fishery closure (Watson et al. 2006). Additionally, by-catch mortality and its concomitant impact on population sizes can potentially damage the function and structure of the ecosystem (Stohs et al., 2011).