To evaluate the economic effects of bag limit and minimum size regulations,
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Summary
DOI: 10.1080/02755947.2012.675943
DescriptionTo evaluate the economic effects of bag limit and minimum size regulations, it is important to understand how anglers' valuation of catch varies. Using a sportfishing demand model, we estimated angler willingness to pay (WTP) for groupers Epinephelus spp. and Mycteroperca spp., red snapper Lutjanus campechanus, dolphinfish Coryphaena hippurus, and king mackerel Scomberomorus cavalla by using data from a choice experiment survey with questions about fishing trips in the southeast USA. Beyond differentiating by species and the number of fish caught (second through sixth), our catch disposition model separately estimated angler WTP for one additional fish caught and kept, caught and released due to a minimum size limit, and caught and released due to a bag limit. Angler valuations of groupers, red snapper, and king mackerel were similar and more than five times the angler valuation of dolphinfish. For all species, the angler valuation decreased with each successive fish. For red snapper and groupers, anglers indicated that keeping a fish was worth more than eight times the value of releasing the fish due to a bag limit. For all species except king mackerel, angler WTP did not differ much between a fish released due to a bag limit and a fish released due to a size limit. For king mackerel, the value of a fish caught and released due to a bag limit was more than 2.5 times the value of a fish released due to a size limit and was nearly half the value of a fish that was caught and kept. We compared our angler WTP values with those in the literature, and we provide a policy application example. Results suggest that measures of the economic effects of sportfishing regulations can be seriously misstated if the species, number, and disposition of the catch are not considered.
Document Information
Document Type
Journal article
Document Format
Acrobat Portable Document Format
Publication Date
2012-07-02
Contact Information
No contact information is available for this record.
Please contact the owner organization (SEFSC) for inquiries on this record.
Item Identification
Title: | To evaluate the economic effects of bag limit and minimum size regulations, |
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Short Name: | To evaluate the economic effects of bag limit and minimum size regulations, |
Status: | Completed |
Publication Date: | 2012-07-02 |
Abstract: |
To evaluate the economic effects of bag limit and minimum size regulations, it is important to understand how anglers' valuation of catch varies. Using a sportfishing demand model, we estimated angler willingness to pay (WTP) for groupers Epinephelus spp. and Mycteroperca spp., red snapper Lutjanus campechanus, dolphinfish Coryphaena hippurus, and king mackerel Scomberomorus cavalla by using data from a choice experiment survey with questions about fishing trips in the southeast USA. Beyond differentiating by species and the number of fish caught (second through sixth), our catch disposition model separately estimated angler WTP for one additional fish caught and kept, caught and released due to a minimum size limit, and caught and released due to a bag limit. Angler valuations of groupers, red snapper, and king mackerel were similar and more than five times the angler valuation of dolphinfish. For all species, the angler valuation decreased with each successive fish. For red snapper and groupers, anglers indicated that keeping a fish was worth more than eight times the value of releasing the fish due to a bag limit. For all species except king mackerel, angler WTP did not differ much between a fish released due to a bag limit and a fish released due to a size limit. For king mackerel, the value of a fish caught and released due to a bag limit was more than 2.5 times the value of a fish released due to a size limit and was nearly half the value of a fish that was caught and kept. We compared our angler WTP values with those in the literature, and we provide a policy application example. Results suggest that measures of the economic effects of sportfishing regulations can be seriously misstated if the species, number, and disposition of the catch are not considered. |
Other Citation Details: |
North American Journal of Fisheries Management David W. Cartera & Christopher Liesea pages 613-625 DOI:10.1080/02755947.2012.675943 Ascession Number: WOS:000306460000001 Volume 32, Issue 4, 2012 |
DOI (Digital Object Identifier): | 10.1080/02755947.2012.675943 |
Keywords
Theme Keywords
Thesaurus | Keyword |
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UNCONTROLLED | |
None | bag limits |
None | BIOGEME |
None | Corypha hippurus |
None | dolphinfish |
None | economic value |
None | Epinephelus spp. |
None | Georgia |
None | groupers |
None | king mackerel |
None | Lutjanus campechanus |
None | mycteroperca spp |
None | red snapper |
None | Scomberomorus cavalla |
None | size limits |
None | snapper |
None | WTP |
Spatial Keywords
Thesaurus | Keyword |
---|---|
UNCONTROLLED | |
None | Alabama |
None | Florida |
None | Louisiana |
None | Mississippi |
None | North Caroliona |
None | South Carolina |
None | South East USA |
None | Texas |
Stratum Keywords
Thesaurus | Keyword |
---|---|
UNCONTROLLED | |
None | species |
Document Information
Document Type: | Journal article |
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Format: | Acrobat Portable Document Format |
Status Code: | Published |
Support Roles
Originator
Date Effective From: | 2012-07-02 |
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Date Effective To: | |
Contact (Person): | Carter, David W |
Address: |
75 Virginia Beach Drive Miami, FL 33139 |
Email Address: | David.w.Carter@noaa.gov |
Phone: | 305-361-4467 |
Fax: | 305-365-4102 |
Originator
Date Effective From: | 2012-07-02 |
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Date Effective To: | |
Contact (Person): | Liese, Christopher |
Address: |
75 Virginia Beach Dr Miami, FL 33139 United States |
Email Address: | Christopher.Liese@noaa.gov |
Phone: | 305-365-1109 |
Fax: | 305-365-4102 |
Business Hours: | 8:00 AM - 4:30 PM EST/EDT |
Access Information
Security Class: | Unclassified |
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Data Access Policy: |
Open to everyone |
Data Access Procedure: |
download |
Data Access Constraints: |
none |
Data Use Constraints: |
please cite appropriately |
Metadata Access Constraints: |
None |
Metadata Use Constraints: |
Please cite Appropriately |
URLs
URL 1
URL: | http://dx.doi.org/10.1080/02755947.2012.675943 |
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URL Type: |
Online Resource
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Description: |
Publisher's website: |
Catalog Details
Catalog Item ID: | 22968 |
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GUID: | gov.noaa.nmfs.inport:22968 |
Metadata Record Created By: | Lee M Weinberger |
Metadata Record Created: | 2015-01-02 12:41+0000 |
Metadata Record Last Modified By: | SysAdmin InPortAdmin |
Metadata Record Last Modified: | 2022-08-09 17:11+0000 |
Metadata Record Published: | 2021-05-07 |
Owner Org: | SEFSC |
Metadata Publication Status: | Published Externally |
Do Not Publish?: | N |
Metadata Last Review Date: | 2021-05-07 |
Metadata Review Frequency: | 1 Year |
Metadata Next Review Date: | 2022-05-07 |