Individual Transferable catch-Quotas (ITQs) have become a popular management tool to reduce excess competition and foster economic efficiency in marine commercial fisheries. They have increasingly been used in more complex multispecies fisheries, where the by-catch of non-targeted species is common. In these fisheries, the reduction of discards is also being...
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...
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...
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...
A concern for the consequences of bycatch and discards in fisheries has led to the implementation of
new policies and fisheries management plans aimed at their reduction in many fisheries around the
world. Such plans have been developed for the Australian Commonwealth fisheries (the most recent
bycatch action plan extends...
Considerable attention has been applied to the development of models explaining how fish stocks change over space
and time, from relatively simple stock-recruitment relationships to ecosystem models with a complex food web
structure. However, in many case studies fishing effort is assumed to be exogenous and even in dynamic models...