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Muse, Ben. 1990. "Permit Values and Fish Stocks". This is a revised version
of a paper prepared for the workshop on
"Exploring a Multidisciplinary Approach to Fisheries Management Research" held
in Fairbanks, Alaska, on Oct. 2, 1990. CFEC Report Number 90-9. Alaska Commercial
Fisheries Entry Commission. Oct. 1990. 13pp.
Abstract:
A model of Alaska limited entry permit prices is used to study the hypothetical impact on permit prices in the
Alaska salmon seine, drift gill net, and power troll fisheries, of a hypothetical 25 % annual increase in the landings of pink
salmon in the Southeast salmon purse seine fishery. It is estimated that the 1989 average annual permit value in the
southeast salmon seine fishery would have increased by approximately $9700. The total value of all the permits in the
fishery would have increased by $4,000,000. These increases in the value of the Southeast salmon seine permit would
have been accompanied, ceteris paribus, with a decrease in the value of salmon permits elsewhere in the state. The largest
estimated decrease in a permit's average value occurred in the Prince William Sound salmon seine fishery where a decline in
value of approximately $5500 was predicted.