期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2014
卷号：39
期号：1
页码：19-33
出版社：WAEA
摘要：This paper provides empirical evidence that reference-dependent preferences help to explain the amount of effort exerted by shrimpers in the Gulf of Mexico. Using survival analysis, the authors find that shrimpers tend to prolong their trip when their current trip revenue goal remains unattained. Furthermore, this tendency became more pronounced after 2001 in association with a significant decline in the shrimp price. This may partially explain the less obvious decrease in .eet effort vis-à-vis sharp decline in .eet size following the price change.
关键词：fishing time; Gulf of Mexico shrimpers; reference-dependent preferences; survival ; analysis; travel time
