Application of Benefit-Cost Analysis to Fisheries Allocation Decisions: The Case of Alaska Walleye Pollock and Pacific Cod

Autor: Samuel F. Herrick, John Walden, Douglas W. Lipton, Morton Miller, Ivar E. Strand, Stephen Freese, Dale Squires
Rok vydání: 1994
Předmět:
Zdroj: North American Journal of Fisheries Management. 14:726-741
ISSN: 1548-8675
0275-5947
DOI: 10.1577/1548-8675(1994)014<0726:aobcat>2.3.co;2
Popis: The controversy surrounding a proposal to allocate walleye pollock Theragra chalcogramma and Pacific cod Gadus macrocephalus harvested in U.S. fisheries off Alaska is reviewed. The walleye pollock allocation, which generated the most concern, would apportion specific shares of the allowable catch to each of the two harvesting sectors, inshore and offshore, along with a set-aside for Alaska community development. The potential transfer is of enormous economic value for industry participants and underscores the importance of identifying the net economic gains (or losses) to the nation that might arise under the proposed allocation scheme. For this reason, a benefit-cost analysis was pivotal in the allocation decisions reached by the U.S. Department of Commerce. The benefit-cost analysis of the allocation proposal served to focus attention on the need for consistent social welfare accounting, of the kind that benefit-cost analysis provides, when management actions are evaluated. Conceptual and pract...
Databáze: OpenAIRE
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