Fishers are faced with multiple risks, including unpredictability of future catch rates, prices and costs. While the latter are largely beyond the control of fisheries managers, effective fisheries management should reduce uncertainty about future catches while also enhancing profitability. Different management instruments are likely to have different impacts on the...
The Australian Harvest Strategy Policy requires that maximum economic yield (MEY) be the target in all Commonwealth managed fisheries. For multispecies fisheries, unlike single species fisheries, the optimal yield is not independent of the optimal yield of the companion species (i.e. those species with which it is caught). In fisheries...
Australian Commonwealth fisheries have adopted maximum economic yield as a target reference point. A bioeconomic model has been developed for one key fishery - the Northern Prawn Fishery - and is used in the provision of management advice. The development and application of this model has highlighted some challenges for...
Despite substantial technological developments over the last two decades, incidental catch of charismatic species still occurs in many world fisheries. Short of ceasing fishing activity, some bycatch is inevitable. In some cases, populations of these species are at low levels, and in several instances the species have been listed as...
Australia has a policy of achieving maximum economic yield (MEY) in Commonwealth fisheries, with many States also interested in the MEY target. Bioeconomic models are being developed for estimating MEY for several fisheries, supported by economic surveys of the fisheries. While most cost components can be derived directly from the...
With the development of the ecosystem approach to f
isheries (EAF), fisheries management is
increasingly required to deal with multiple, often
conflicting objectives. In this context, the
stochastic co-viability approach has been proposed
as a useful modeling framework as it allows
for the combined representation of complex fisherie
s dynamics,...
Climate change is expected to impact the productivity of wild and farmed fisheries worldwide. These impacts will vary by region and consequently affect differently the supply to markets. Market driven interactions between fisheries from different regions and between different target species means that changes in supply from one region or...
Sustainability and economic efficiency are well established and defined objectives in Australian fisheries management. Many Australian States and Territories include some reference to social considerations in their fisheries legislation, but this is poorly defined and has little direct influence on policy formulation. From the literature, many fisheries social objectives are...
With international efforts to develop ecosystem-based management of ocean uses, there has been a growing call for the development of integrated assessment tools, including the design of models which can be used to identify possible futures and evaluate alternative management strategies. Along with this, there is increasing recognition that such...
The International Plan of Action for the Management of Fishing Capacity (IPOA-Capacity) was introduced in 1999 in response to growing concerns about excessive levels of fishing capacity and its impact on global fisheries resources. While debate in academic circles has focused on appropriate ways in which to measure capacity, the...