The economics of marine resources and conservation policy the Pacific halibut case study with commentary / [electronic resource] : edited by James A. Crutchfield and Arnold Zellner. - University of Chicago Press, c2003. - 1 online resource (xii, 226) : ill., map.

Includes bibliographical references.

Introduction and Overview by James A. Crutchfield and Arnold Zellner; Economic Aspects of the Pacific Halibut Fishery; Part 1: Basic Theory of Regulation and Its Application to Halibut Fishery; 1. Pacific Halibut Fishery; 2. Theoretical Basis for Management; 3. Objectives of Fishery Management; 4. History of Regulation of the Halibut Fishery; Part 2: Economic Effects of the Halibut Program; 5. General Effects of the Halibut Program; 6. Analysis of Port Pricing of Halibut: Theoretical Considerations; 7. Analysis of Port Pricing of Halibut: Empirical Results.

How can we manage a so-called "renewable" natural resource such as a fishery when we don't know how renewable it really is? James A. Crutchfield and Arnold Zellner developed a dynamic and highly successful economic approach to this problem, drawing on extensive data from the Pacific halibut industry. Although the U.S. Department of the Interior published a report about their findings in 1962, it had very limited distribution and is now long out of print. This book presents a complete reprint of Crutchfield and Zellner's pioneering study, together with a new introduction by the authors.

9780226121970 (electronic bk.) 0226121976 (electronic bk.) 0226121941 (cloth : alk. paper) 9780226121949 (cloth : alk. paper)


Pacific halibut fisheries--Economic aspects.
Pacific halibut--Conservation.
Environmental Studies.
SCIENCE--Life Sciences--Biological Diversity.
NATURE--Animals--Wildlife.


Electronic books.

SH351.P25 / E36 2003eb

333.95/669516/091644