Carter, David W., 1971-

Southeast Fisheries Science Center (U.S.), Miami Laboratory,

"Information on the prices for for-hire shing services is needed to understand the economics of the industry.1 Prices are used along with data on for-hire shing trip costs and eort to calculate the protability of the sector. Longer price series can be used to estimate demand and supply relationships for for-hire services that help to predict how trip activity is expected to change with proposed regulations. We can learn a lot about how much dierent trip features are worth to anglers by examining the variation in prices for for-hire services over space and time (Carter & Liese 2010). The reason is that prices for for-hire shing trips are determined in the market and vary depending on the demand for trips by anglers and the supply of trips provided by the for-hire industry. Changes in factors that aect the demand and supply of for-hire services will cause for-hire prices to change over time and space. Therefore, data on prices for multiple periods and geographic locations will allow for better economic analyses"--Introduction. [doi:10.7289/V55M63R7 (http://doi.org/10.7289/V55M63R7)]

http://doi.org/10.7289/V55M63R7

Technical Memorandum