Analyzing Catch–Effort Data Allowing for Randomness in the Catching Process
For many fisheries the only reliable data is a (bivariate) time series of catches and efforts. Most existing methods of analyzing such data implicitly assume that the main source of randomness is in the dynamics of the population, while ignoring randomness in the catching process. The assumption of a deterministic catch production function (usually of the Schaefer form C = qEX) must be contrary to the experience of almost everyone who has ever gone fishing. In this paper a stochastic catch model coupled with a deterministic dynamic model is used in the analysis of catch–effort data and shown to give very plausible results. Estimates (with confidence intervais) of catchability, maximum sustainable yield, and other dynamic model parameters are obtained numerically by the method of maximum likelihood. The incorporation of stochastic dynamics with the stochastic catch model is difficult.