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Bioeconometrics: Empirical Modeling of Bioeconomic Systems

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  • This paper provides a working definition of bioeconometrics and a taxonomy of model types. A bioeconometric model is an empirical model of a bioeconomic system in which quantitative changes in one or more parameters can affect the qualitative behavior of the dynamical system. Bioeconometric model types include equilibrium, dynamically decoupled, and dynamically coupled. The importance of bioeconometrics is illustrated with a Monte Carlo analysis of simulated data that attempts to differentiate among six different qualitative categories in a system characterized by critical depensation.
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  • Smith, Martin. 2006. Bioeconometrics: Empirical Modeling of Bioeconomic Systems. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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  • The National Oceanic & Atmospheric Administration Marine Fisheries Service, United States Department of Commerce (NOAA Fisheries); United Kingdom Department for Environment, Food and Rural Affairs (DEFRA); The United States Agency for International Development supported Aquaculture Collaborative Research and Support Program (ACRSP).
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