An Inverse Demand System for New England Groundfish: Welfare Analysis of the Transition to Catch Share Management

A. Lee, Min-Yang; M. Thunberg, Eric

doi:10.1093/ajae/aat061

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An Inverse Demand System for New England Groundfish: Welfare Analysis of the Transition to Catch Share Management

Published in American Journal of Agricultural Economics • Aug 31, 2013

Authors:

Min-Yang A. Lee

Eric M. Thunberg

Abstract

Abstract The welfare effects of the 2010 transition from Days‐at‐Sea to catch share management in the Northeast U.S. groundfish fishery are examined by combining a model of groundfish demand with a simulation‐based model of supply. Counterfactual supply is constructed based on the Days‐at‐Sea system...

Subject

Groundfish

Counterfactual thinking

Welfare

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