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An Economic Analysis of a New Bycatch-reduction Policy in the Gulf of Mexico

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Abstract
  • This paper examines the ability of a new policy to reduce bycatch of red snapper by the shrimp fishery in the Gulf of Mexico: Fractional License as proposed by Townsend. The policy is evaluated both theoretically and using a simulation model.
  • Keywords: bycatch, fractional license, bycatch reduction devices, heterogeneous fishermen
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Date Available
Date Issued
Citation
  • Wui, Y.S., R.T. Woodward and W.L. Griffin. An Economic Analysis of a New Bycatch-reduction Policy in the Gulf of Mexico. In: Microbehavior and Macroresults: Proceedings of the Tenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA. Compiled by Richard S. Johnston and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2001.
Conference Name
Conference Location
  • Corvallis, Oregon, USA
Proceedings Editors
  • Johnston, Richard S.
  • Shriver, Ann L.
权利声明
Funding Statement (additional comments about funding)
  • MG Kailis Group
  • International Institute of Fisheries Economics and Trade
  • U.S. National Marine Fisheries Service
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