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Applying a Bioeconomic Model to Recreational Fisheries Management in the Northeast U.S.: The Good, the Bad, and the Just Plain Ugly

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  • This research combines a utility-theory consistent model of demand for recreational fishing trips with an age-structured stock dynamics model to provide policy relevant advice to managers of the groundfish fishery in the Northeast United States.  We provide an overview of the model and describe the challenges encountered with using this modeling approach to develop recreational fishery policies.  Specifically, time lags in the availability of scientific information, uncertainties in that information, and institutional constraints of the management system can be obstacles to using this modeling approach effectively.  Despite these shortcomings, we believe integration of this decision support tool into the fishery management process represents a substantial step forward in the science of fisheries management.
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  • NAAFE Forum 2017 Proceedings, March 22-24, 2017. Compiled by Ann L. Shriver with assistance from Stefani Evers. North American Association of Fisheries Economists (NAAFE), Corvallis, 2017.
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  • 097634324X

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