It is well known that world production of shrimp, particularly farm-raised product, has increased significantly since the early-to-mid 1980's and that much of the product is directed to the U.S. market. Less well known is the fact that the product composition of the U.S. imported product (e.g., headless shell-on, peeled)...
State water bottom acreage leased by the Louisiana oyster industry has increased sharply over the past 50 years. Because of the property rights associated with these leases, there has been increasing conflict
between the oyster industry and other coastal resource users, in particular oil-and-gas companies and entities engaged in coastal...
Theory suggests that fishing effort would be allocated among various fishing grounds such that profit levels would be equal. Homogeneity among fishers as well as perfect information is assumed and profits are opportunistically increased by changing fishing locations. These assumptions have been shown empirically ins some single fisheries where fishers...
On the morning of 29 August 2005, Southeast Louisiana was decimated by the winds and flood surge associated with Hurricane Katrina. Shortly thereafter, Hurricane Rita played havoc on the Southwestern part of the state. Louisiana's commercial seafood industry, already on the decline for a number of reasons, including declining output...
In response to growing concerns about illness and deaths associated with Vibrio Vulnificus, California initiated a program in March 1991 that required anyone selling oysters to notify potential consumers that the “consumption of raw oysters can cause serious illness and death among people with liver disease, chronic illness, or weakened...
The shrimp fishery accounts for more than one-half of the total revenues generated by commercial fishing activities in the U.S. Gulf of Mexico. Due to its historical open access nature the harvesting sector has historically been overcapitalized (from an economic perspective) resulting in a suboptimal generation of rents. Various management...