In this paper, a bio-economic simulation model for
the sea scallop fishery is established and its application in
analyzing the area rotation management policy is
demonstrated. Section 2 describes model specification and
estimation and presents the empirical model. Section 3
evaluates two policy options using the model and the last
section provides a summary.
Haksever, D., D. Hart and S. Wang. A Bio-economic Analysis of an Area Rotational Management Program in the US Atlantic Sea Scallop Fishery. 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.