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 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.