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Rebuilding Strategies for Multispecies Fisheries: A Stylized Bioeconomic Model

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  • J.J. Agar
  • J.G. Sutinen

Abstract

In this paper, we investigate the bioeconomicimpacts of selected rebuilding strategies in amultispecies fishery. Using a stylizedbioeconomic model, we identify the conditionsunder which modifying the species selectivityproperties of the gear would contribute to therebuilding of over-exploited stocks. We examinethe cases where the stocks are biologicallyindependent and interdependent. Our analysissuggests that the success of the rebuildingprocess not only depends on the nature of thegear modifications but also on the biologicaland economic characteristics of the fishery. Copyright Kluwer Academic Publishers 2004

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  • J.J. Agar & J.G. Sutinen, 2004. "Rebuilding Strategies for Multispecies Fisheries: A Stylized Bioeconomic Model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 28(1), pages 1-29, May.
    • Handle: RePEc:kap:enreec:v:28:y:2004:i:1:p:1-29
    DOI: 10.1023/B:EARE.0000023819.77884.70
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    References listed on IDEAS

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    Cited by:

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    2. Hans Frost & Peder Andersen & Ayoe Hoff, 2013. "Management of Complex Fisheries: Lessons Learned from a Simulation Model," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 61(2), pages 283-307, June.
    3. Stephen Kasperski, 2015. "Optimal Multi-species Harvesting in Ecologically and Economically Interdependent Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(4), pages 517-557, August.
    4. N. Quérou & A. Tomini, 2018. "Marine Ecosystem Considerations and Second-Best Management," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 70(2), pages 381-401, June.
    5. Eppink, Florian V. & van den Bergh, Jeroen C.J.M., 2007. "Ecological theories and indicators in economic models of biodiversity loss and conservation: A critical review," Ecological Economics, Elsevier, vol. 61(2-3), pages 284-293, March.
    6. Lee, Min-Yang A., 2008. "Whale-watching and Herring Fishing: Joint or Independent Production?," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6086, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Quérou, N. & Tomini, A., 2013. "Managing interacting species in unassessed fisheries," Ecological Economics, Elsevier, vol. 93(C), pages 192-201.

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