Translator Disclaimer
1 September 2009 Uncertainty in the Management of Fisheries: Contradictory Implications and a New Approach
Author Affiliations +
Abstract

Fisheries management is complicated in nearly all cases by various types of uncertainty. Numerous economics and fisheries science publications prescribe adjustments to harvest strategies and regulations in the face of uncertainty. The conclusions and recommendations from this body of work are often contradictory, critically dependent on stringent assumptions, and difficult to implement. In this article, we summarize and compare the conclusions of economists, ecologists, and fisheries scientists regarding management of fisheries under uncertainty. We identify common findings and discuss divergent ones. We also attempt to explain why the theoretical prescriptions of this literature have rarely been implemented by fisheries managers. Finally, we discuss management strategy evaluation (MSE), a simulation-based approach designed to identify harvest strategies that are robust to various types of uncertainty and capable of balancing multiple economic, social, and biological objectives.

JEL Classification Codes: Q22, D81

DANIEL S. HOLLAND and GUILLERMO (TA) E. HERRERA "Uncertainty in the Management of Fisheries: Contradictory Implications and a New Approach," Marine Resource Economics 24(3), (1 September 2009). https://doi.org/10.5950/0738-1360-24.3.289
Published: 1 September 2009
JOURNAL ARTICLE
11 PAGES

This article is only available to subscribers.
It is not available for individual sale.
+ SAVE TO MY LIBRARY

SHARE
ARTICLE IMPACT
RIGHTS & PERMISSIONS
Get copyright permission
Back to Top