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Please use this identifier to cite or link to this item: http://purl.umn.edu/49039

Title: Multiobjective Bioeconomic Analysis: An Application to the Pacific Whiting Fishery
Authors: Sylvia, Gilbert
Enriquez, Roberto R.
Keywords: Pacific whiting
multiobjective
fisheries management
generating techniques
biological risk
optimum yield
optimal control
Issue Date: 1995
Series/Report no.: Marine Resource Economics
Vol. 9 No. 4
Abstract: A multiobjective bioeconomic policy model was developed for the United States Pacific whiting fishery. Pareto-optimal solutions for three policy objectives—rents, production, and female spawning biomass—were developed and analyzed using "hybrid" generating technique. Three policy instruments were considered: harvest quotas, fleet capacity limits, and allocation between shore-based and offshore fisheries. Results indicate that Pareto-optimal allocations to shore-based and at-sea industries will depend on the spatial and temporal characteristics of the stock and the assumptions regarding the harvesting and processing characteristics of each fleet. The analysis also suggests approaches for measuring opportunity costs associated with misidentifying "biological risk", and operationalizing the concept known as "optimum yield".
URI: http://purl.umn.edu/49039
Identifiers: 0738-1360
Institution/Association: Marine Resource Economics>Volume 09, Number 4, 1994
Total Pages: 18
From Page: 311
To Page: 328
Collections:Volume 09, Number 4, 1994

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