Practical Considerations in Using Bioeconomic Modelling for Rebuilding Fisheries
Sherry Larkin (),
Gil Sylvia and
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Sergio Alvarez: University of Florida
Gil Sylvia: Oregon State University
Michael Harte: Oregon State University
No 38, OECD Food, Agriculture and Fisheries Papers from OECD Publishing
Many 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.
Keywords: Bioeconomic Modelling; fisheries economics; fisheries management; fisheries rebuilding; North Atlantic Cod; Northern Prawns; Norwegian Spring Spawning Herring; Spiny Lobster; Striped bass (search for similar items in EconPapers)
JEL-codes: Q22 Q27 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:oec:agraaa:38-en
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