Several species of rockfishes (Sebastes spp.) in the Puget Sound of Washington have recently
been listed under the Endangered Species Act. Bag limits for rockfishes have been restricted as a result,
and recreational bycatch may prompt additional restrictions on trips targeting co-occurring species. A
mixed logit model is estimated on discrete choice experiment data in order to simulate the effects of a set
of regulations intended to conserve rockfish populations on recreational use values. Measures intended
to limit rockfish bycatch mortality are shown to have economic impacts that are orders of magnitude larger
than a direct adjustment in rockfish regulations.