Effects of Environmental Variability as they Relate to Fisheries Management
Much of the theory on which fisheries management is based assumes that the dynamics of the exploited population are deterministic. It is the purpose of this paper to investigate some of the consequences relevant to management of including a stochastic component, representing a small degree of environmental fluctuation in the basic dynamic model. Much of the discussion will be centred around the (deterministic) concept of maximum sustainable yield (MSY).
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