Optimal versus Unregulated Industry Behavior in a Beverton–Holt Multicohort Fishery Model
1984 ◽
Vol 41
(3)
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pp. 446-450
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Keyword(s):
Canadian government policy toward fisheries in recent years has shifted emphasis from maximizing the sustainable catch level toward maximizing economic yield taking account of fishing costs and revenues. I have provided a model for the determination of the optimal catch rate and mesh size for maximum economic yield in a Beverton–Holt model employing many age cohorts. The optimal effort and mesh size are compared with those predicted for an unregulated fishery. While the analysis is mainly limited to steady state, an attempt is also made to determine the optimal disequilibrium response to environmentally caused exogenous changes in recruitment.
2003 ◽
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2015 ◽
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1992 ◽
Vol 26
(9-11)
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pp. 2461-2464
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1972 ◽
Vol PAS-91
(6)
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pp. 2510-2527
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1981 ◽
Vol 256
(7)
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pp. 3399-3404