Management Evaluation for the Chesapeake Bay Blue Crab Fishery: An Integrated Bioeconomic Approach

Pei Huang, Richard Woodward, Michael Wilberg and David Tomberlin

No 150974, 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. from Agricultural and Applied Economics Association

Abstract: An integrated bioeconomic model is built based on an individual-based simulation model and a stock assessment model for the Chesapeake Bay blue crab fishery. The resulting model is able to not only compare alternative management scenarios being considered by policy makers in terms of both sustainable yield (SY) and sustainable revenue (SR), but also provide insights into impacts of relevant policy factors that together form management scenarios. The preliminary regression results based on simulated management scenarios show variations in effects of different policy factors, suggesting that the fishery policies should be made accordingly.

Keywords: Industrial Organization; Livestock Production/Industries; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 25
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea13:150974

DOI: 10.22004/ag.econ.150974

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