Economic Performance of Fishers: Stochastic or Chaotic? Public Deposited

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  • Economic performance of different fleet segments varies considerably from year to year, with some segments experiencing increased profitability while others experience decreased profitability. This variation is generally considered to be a consequence of the stochasticity in the industry. However, there is growing evidence that fisheries may not be as stochastic as generally thought. In this paper, a spatial bioeconomic model is developed of a multi-species multi-gear fishery, which assumes individual profit maximising behaviour. It is shown that inter-annual variations in profits are a function of the spatial behaviour of the fishers, which tends to vary chaotically over time.
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  • Pascoe, S. and D. Whitmarsh. Economic Performance of Fishers: Stochastic or Chaotic?. in: Microbehavior and Macroresults:Proceedings of the Tenth Biennial Conference of the International Institute ofFisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA.Compiled by Richard S. Johnston and Ann L. Shriver. InternationalInstitute of Fisheries Economics and Trade (IIFET), Corvallis, 2001.
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  • Johnston, Richard S.
  • Shriver, Ann L.
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  • description.provenance : Made available in DSpace on 2012-07-11T22:53:48Z (GMT). No. of bitstreams: 1 139.pdf: 335836 bytes, checksum: faac06faf3e85f4eeff3b9b384b67bf3 (MD5) Previous issue date: 2001
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