DYNAMIC MODELING OF THE EASTERN GULF-OF-MEXICO SHRIMP FISHERY Academic Article

abstract

• The impact of alternative management schemes on the shrimp fishery of the eastern Gulf of Mexico is analyzed and compared to a baseline using simulation techniques. The fisherys biological and economic functions are modeled including intraseasonal shrimp growth rates, differences in demand for shrimp by size, and a heterogenous fishing fleet. Using consumer and producer surplus techniques, new fishing regulations appear socially optimal compared to the baseline. A rent-maximization scheme increases social surplus to its highest level. However, applying such a scheme to one part of the total Gulf of Mexico shrimp fishery is not recommended. 1982, American Agricultural Economics Association.

authors

• Grant, William

published proceedings

• AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS

author list (cited authors)

• BLOMO, V. J., NICHOLS, J. P., GRIFFIN, W. L., & GRANT, W. E.

citation count

• 11

complete list of authors

• BLOMO, VJ||NICHOLS, JP||GRIFFIN, WL||GRANT, WE

publication date

• August 1982

publisher

• Wiley  Publisher

published in

• American Journal of Agricultural Economics  Journal

Digital Object Identifier (DOI)

• 10.2307/1240639

start page

• 475

end page

• 482

volume

• 64

issue

• 3

URL

• http%3A%2F%2Fdx.doi.org%2F10.2307%2F1240639