The cost of sea turtle preservation: the case of Hawaii's Pelagic Longliners

Authors: R. Curtis and R. Hicks, 2000.

This paper is another computational game rigged around sketchy "data" from logbooks, market samples, etc. The game has a name: the Random Utility Model (RUM), which I suspect is a standard tool in economics. As far as I can tell, the authors start with a log utility function, and linearize expected utility around a total of nine quantities, each of which is presumably estimable. The results are actual dollar amounts for how much each closure will impact each fisherman, on average.

This paper has the virtue of being concise, but the choice of variable names and the total lack of exposition make it vaguely intolerable. Nothing TODO.