The shrimp fishery accounts for more than one-half of the total revenues generated by commercial fishing activities in the U.S. Gulf of Mexico. Due to its historical open access nature the harvesting sector has historically been overcapitalized (from an economic perspective) resulting in a suboptimal generation of rents. Various management...
Fisheries models are generally built to assess the dynamics of a resource with a given fishing mortality
which level can be decided by some “decision maker” and/or which can be an observed process, e.g. times series proportional to some observed values of fishing effort. In these cases, the resource dynamics...