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An Approach To Managing Fisheries When Weak And Strong Stocks Mix

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  • When weak and strong fish stocks are caught in the same fishery, managing for the protection of the weak stock may result in foregone economic benefits from harvest of the strong stock, while managing for the strong stock may result in overfishing of the weak stock. A particular complication arises when the stocks are not easily distinguished in the catch, for example when the stocks are of the same or a similar species. This paper demonstrates how the partially observable Markov decision process can be used to explore policy options for managing mixed-stock fisheries when the stocks are imperfectly identified.
  • Keywords: Fisheries Economics, Mixed-stock fisheries, Partially observable Markov decision process, Week and strong stocks
  • Keywords: Fisheries Economics, Mixed-stock fisheries, Partially observable Markov decision process, Week and strong stocks
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  • Tomberlin, David. 2008. An Approach To Managing Fisheries When Weak And Strong Stocks Mix. 5 pages. In: Proceedings of the Fourteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 22-25, 2008, Nha Trang, Vietnam: Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2008.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, The Department of Fisheries and Oceans, Canada; Aquaculture CRSP and AquaFish CRSP; Minh Phu Seafood Corporation; Vietnam Datacommunication Company (VDC); Camau Frozen Seafood Processing Import Export Corporation (Camimex); Long Sinh Limited Company; Mai Linh Group and Nam Viet Corporation.
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