In this paper, we study recovering processes for fisheries facing crisis or over-exploitation of a marine renewable
resource. We examine how to restore resource stocks and modify the economic characteristics of the fleet in order to
put on a sustainable exploitation system, near of some maximal standard as the Maximum...
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...
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...
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...
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...
This paper compares two methods for collecting data concerning professional fishing fleets economic performance : use of preexisting bookkeeping databases and ad hoc field surveys of fishers. Each method has its pros and cons and, for practical reasons, it may be necessary to make use of both. Such a feature...
A key issue in fisheries restoration is the speed at which recovery can occur, while still meeting the
economic and social constraints which managers must deal with. This paper uses the viable control approach to examine fisheries restoration and study the tradeoffs involved with the selection of recovery strategies. We...