Practical Considerations in Using Bioeconomic Modelling for Rebuilding Fisheries
AbstractMany of the world.s fish stocks are considered to be in need of rebuilding. In response, global agreements, including UNCLOS, have sought to adopt some (optimal) level of fish biomass, usually the level associated with the maximum sustainable yield (MSY). While establishing a sustainable level of harvest is goal with intuitive appeal, the pursuit of MSY ignores many relevant economic and social factors that are critical to the sustainability of a fishery.
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Bibliographic InfoPaper provided by OECD Publishing in its series OECD Food, Agriculture and Fisheries Papers with number 38.
Date of creation: 21 Jan 2011
Date of revision:
fisheries economics; fisheries management; fisheries rebuilding; Northern Prawns; North Atlantic Cod; Bioeconomic Modelling; Striped bass; Spiny Lobster; Norwegian Spring Spawning Herring;
Find related papers by JEL classification:
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
- Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade
This paper has been announced in the following NEP Reports:
- NEP-AGR-2011-02-05 (Agricultural Economics)
- NEP-ALL-2011-02-05 (All new papers)
- NEP-ENV-2011-02-05 (Environmental Economics)
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- Hans Frost & Peder Andersen & Ayoe Hoff, 2013. "Management of Complex Fisheries: Lessons Learned from a Simulation Model," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 61(2), pages 283-307, 06.
- A.A. Cisse & L. Doyen & F. Blanchard & J.C. Pereau, 2013. "Stochastic viability of the coastal fishery in French Guiana," Documents de Travail 2013-07, CEREGMIA, Université des Antilles et de la Guyane.
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