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Maximizing profits and conserving stocks in the Australian Northern Prawn Fishery

Kompas, Tom; Dichmont, Cathy; Punt, Andre; Deng, A; Che, Tuong Nhu; Bishop, Janet; Gooday, P; Ye, Yemin; Zhou, S


The Australian Northern Prawn fishery (NPF) is one of the few that has adopted a dynamic version of a ‘maximum economic yield’ (MEY) target, and, on this basis, the fishery is undergoing a process of substantial stock rebuilding. This paper details the bioeconomic model that is used to provide scientific management advice for the NPF, in terms of the amount of allowable total (and tradable) gear length in the fishery, both in terms of the MEY target and the path to MEY. It combines the stock...[Show more]

CollectionsANU Crawford School of Public Policy
Date published: 2008
Type: Working/Technical Paper
Source: Australian Journal of Agricultural and Resource Economics
DOI: 10.1111/j.1467-8489.2010.00493.x


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