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Optimal fleet size in the English Channel: a multi-objective programming approach

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  • S Pascoe
  • S Mardle

Abstract

A multi-species, multi-métier bioeconomic optimisation model of the English Channel is used to estimate the optimal fleet size and configuration from both a multi-objective and profit-maximising perspective. The multiple objectives incorporated into the analysis are maximising overall economic profits, maintaining employment and ensuring 'relative stability' between France and the UK. Trade-offs between employment and economic profits are examined, and the effects of the European policy of 'relative stability' on the efficient management of the fleet is considered. The effects of price variability to profitability, and the effects of varying recruitment are also considered. Copyright 2001, Oxford University Press.

Suggested Citation

  • S Pascoe & S Mardle, 2001. "Optimal fleet size in the English Channel: a multi-objective programming approach," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 28(2), pages 161-185, June.
  • Handle: RePEc:oup:erevae:v:28:y:2001:i:2:p:161-185
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    Cited by:

    1. Dowling, Natalie A. & Dichmont, Catherine M. & Leigh, George M. & Pascoe, Sean & Pears, Rachel J. & Roberts, Tom & Breen, Sian & Cannard, Toni & Mamula, Aaron & Mangel, Marc, 2020. "Optimising harvest strategies over multiple objectives and stakeholder preferences," Ecological Modelling, Elsevier, vol. 435(C).
    2. Pascoe, Sean & Hutton, Trevor & Hoshino, Eriko & Sporci, Miriana & Yamasaki, Satoshi & Kompas, Tom, 2020. "Effectiveness of harvest strategies in achieving multiple management objectives in a multispecies fishery," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), July.
    3. Kjærsgaard, Jens, 2010. "Quest for appropriate overcapacity in the fisheries industry," Socio-Economic Planning Sciences, Elsevier, vol. 44(3), pages 141-150, September.
    4. Wattage, Premachandra & Mardle, Simon & Pascoe, Sean, 2005. "Evaluation of the importance of fisheries management objectives using choice-experiments," Ecological Economics, Elsevier, vol. 55(1), pages 85-95, October.
    5. Castillo, Carlos & Dresdner, Jorge, 2013. "Effort optimisation in artisanal fisheries with multiple management objectives, collective quotas and heterogeneous fleets," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(1), pages 1-19.

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