Pulse Fishing and Stock Uncertainty

José-María Da-Rocha (), Linda Nøstbakken and Marcos Pérez ()
Authors registered in the RePEc Author Service: Jose Maria Da Rocha

Environmental & Resource Economics, 2014, vol. 59, issue 2, 257-274

Abstract: Large variation in stock dynamics affects the accuracy of stock estimates, which fisheries managers rely on when determining quotas and other regulations. The purpose of this paper is to investigate the implications of uncertainty on pulse fishing. We show that as the variance of the random natural fluctuations increases, the optimal pulse length decreases and converge toward a constant-escapement policy. Hence, in fisheries with large natural variability, a constant-escapement policy is a good approximation of the optimal policy. Copyright Springer Science+Business Media Dordrecht 2014

Keywords: Bioeconomic modeling; Fisheries management; Uncertainty; Pulse fishing; Q0; Q22; C61 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (10)

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DOI: 10.1007/s10640-013-9727-y

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