Buyback Programs: Goals, Objectives, and Industry Restructuring in Fisheries

dc.creatorKirkley, James E.
dc.creatorWalden, John B.
dc.creatorWaters, James R.
dc.date2017-04-01T14:03:42Z
dc.date.accessioned2026-07-09T04:32:40Z
dc.descriptionNational Oceanic and Atmospheric Administration Fisheries has conducted several buyback programs to reduce harvesting capacity in fisheries. These programs have attempted to maximize capacity reduction given a fixed budget. However, restructuring issues have not been considered. We explore the possibility of satisfying three different buyback objective We examine the black sea bass trap fishery and determine the number of vessels given different allowable catch levels and objectives of maximizing technical efficiency, capacity utilization, and vessels in the fishery. We find considerable variation in the number of vessels allowed to remain in the fishery given the different objectives.
dc.identifierdoi:10.22004/ag.econ.43422
dc.identifierhttps://ageconsearch.umn.edu/record/43422/files/Kirkley2%20JAAE%20August%202004.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/43422
dc.identifier.urihttp://hdl.handle.net/123456789/551459
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/43422
dc.titleBuyback Programs: Goals, Objectives, and Industry Restructuring in Fisheries
dc.typeText

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