Sustainable aquaculture can be achieved when risk and uncertainly are incorporated in the analysis of the activity. This paper presents a precautionary approach to the feasibility analysis of a project for a commercial hatchery, applying decision theory. Two production scenarios were assessed, continuous and periodic, the later a combination of...
Under the reauthorized Magnuson-Stevens Act (MSRA), US fisheries management councils must specify an annual catch limit (ACL) for each managed species and institute accountability measures (AMs) to ensure that actual harvest will not cause the stock to be overfished. While the details of implementation are still being developed, a set...