A Theoretical Analysis of Season Length Restrictions in Fisheries Management

19 Pages Posted: 13 Jan 2002

See all articles by Qing Xu

Qing Xu

American Express Company

Amitrajeet A. Batabyal

Rochester Institute of Technology

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Abstract

This paper studies season length restrictions in fisheries management from an ecological-economic perspective. We first construct a model of a stylized fishery in which season length restrictions are used to manage the fishery. We then show how the dynamic and the stochastic properties of this fishery can be used to construct two managerial criteria that are meaningful from an ecological standpoint. Finally, using these two criteria, we discuss a probabilistic approach to fisheries management in which the principal focus of a manager is on moving the fishery away from the least desirable state of existence.

Keywords: Ecological Economics, Fisheries Management, Season Length Restrictions

JEL Classification: Q22, D81

Suggested Citation

Xu, Qing and Batabyal, Amitrajeet A., A Theoretical Analysis of Season Length Restrictions in Fisheries Management. Available at SSRN: https://ssrn.com/abstract=296764 or http://dx.doi.org/10.2139/ssrn.296764

Qing Xu

American Express Company ( email )

Phoenix, AZ 85021
United States

Amitrajeet A. Batabyal (Contact Author)

Rochester Institute of Technology ( email )

Department of Economics, RIT
92 Lomb Memorial Drive
Rochester, NY NEW YORK 14623-5604
United States
5853134063 (Phone)
5854755777 (Fax)

HOME PAGE: http://people.rit.edu/aabgsh

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