REVENUE RISK AND FISHERY CHOICE WITH LINEAR-EXPONENTIAL UTILITY: AN APPLICATION TO BERING SEA/ALEUTIAN ISLANDS TRAWL FISHERIES

Brett W. House, Douglas M. Larson and Joseph M. Terry

No 20985, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: 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.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 15
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea98:20985

DOI: 10.22004/ag.econ.20985

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