An approach to better management: the North Sea haddock

This study argues for a focus of attention on bioeconomic objectives in the management of fisheries of the Northeast Atlantic. It indicates an approach towards identifying agreed dynamic and bioeconomic relationships of a fishery. Once such functions are defined, a near-optimal control is developed...

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Bibliographic Details
Published in:ICES Journal of Marine Science
Main Author: Horwood, Joseph
Format: Text
Language:English
Published: Oxford University Press 1991
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Online Access:http://icesjms.oxfordjournals.org/cgi/content/short/47/3/318
https://doi.org/10.1093/icesjms/47.3.318
Description
Summary:This study argues for a focus of attention on bioeconomic objectives in the management of fisheries of the Northeast Atlantic. It indicates an approach towards identifying agreed dynamic and bioeconomic relationships of a fishery. Once such functions are defined, a near-optimal control is developed that allows for regulation of a fishery towards and about an optimum. It accommodates variation in recruitment and in estimates of stock size. A demanding example is presented based upon the North Sea haddock, which at present is much below any optimum level.