The Australian federal fisheries policy identifies maximising net economic returns as the primary objective of fisheries management. This has largely been interpreted as maximising the net economic yield (MEY) in fisheries. For multispecies fisheries, this has been based on maximising the net present value of total profit in the fishery...
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...
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...
Closed areas are often used as either temporary or permanent measures to reduce fishing pressure on stocks. A major concern, however, is what happens to the effort that was previously employed in these areas. When modelling the potential impacts of the closed areas, it is necessary to model changes in...
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...
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...
The decision to enter or exit a fishery can be expected to depend on the anticipated profitability of operating in
this fishery, as a function of observed vessel performances in previous years. For a vessel exiting a fishery,
there may be several reasons including decommissioning, selling or operating elsewhere. Entry...
Fisher behavior can be divided into choices made in the short term (i.e. tactics) and choices made in the long-mid term (i.e. strategies). Random utility modeling (RUM) is well suited for the empirical analysis of these issues. In this paper, RUM is applied to a number of EU fisheries in...