SPATIAL SEARCH IN COMMERCIAL FISHING: A DISCRETE CHOICE DYNAMIC PROGRAMMING APPROACH

Martin Smith () and Bill Provencher

No 21932, 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: We specify a discrete choice dynamic programming model of commercial fishing participation and location choices. This approach allows us to examine how fishermen collect information about resource abundance and whether their behavior is forward-looking.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 21
Date: 2003
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea03:21932

DOI: 10.22004/ag.econ.21932

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