Economic impacts of harmful algal blooms on fishery-dependent communities.

The recreational razor clam fishery is the largest recreational bivalve fishery in the Pacific Northwest and a major source of tourism-related income to small communities in the region. Delays and closures of recreational shellfisheries due to the increasing frequency of harmful algal blooms (HABs) threaten to have significant negative impacts on fishery dependent communities. Coupling previous recreational shellfishing expenditure estimates from the literature with a novel dataset of daily visits to local businesses, we estimate a range of economic impacts resulting from the cancellation of razor clam digs at Long Beach, WA, the most popular beach in the State for recreational clam diggers. Our results indicate that a full season closure can lead to lost sales revenues of $16,875 for gas stations, $117,600 for food stores, $217,800 for accommodations and $491,400 for food service places for a total lower bound economic impact of $843,675. We discuss the opportunity for early warning systems, like the Pacific Northwest HAB Bulletin, to guide policy and facilitate business decisions that hedge the risk of revenue losses associated with dig cancellations.

Language effects on bargaining.

Language is critical to coordination in groups. Though, how language affects coordination in groups is not well understood. We prime distributive and integrative language in a bargaining experiment to better understand the links between group outcomes and communication. We accomplish this by priming interests or positions language in randomized groups. We find that priming positions as opposed to interests language leads to agreements where controllers, subjects with unilateral authority over the group outcome, receive a larger share of the benefits but where the total benefits to the group are unaffected. In contrast to common justifications for the use of integrative language in bargaining, our experimental approach revealed no significant differences between priming interests and positions language in regards to increasing joint outcomes for the groups. Across treatments, we find subjects that use gain frames and make reference to visuals aids during bargaining experience larger gains for the group, while loss frames and pro-self language experience larger gains for the individual through side payments. This finding suggests a bargainer's dilemma: whether to employ language that claims a larger share of group's assets or employ language to increase joint gains.