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A Regional Management Model of Fisheries in the Irish Sea.By Philip Rodgers, J. Paul. Hillis, Laurent Le Grel, Gunilla Greig, Andrew Ryan, Brendan O'Mahony & Libby WoodhatchABSTRACTThe paper describes work, part-funded by the European Union, to develop a bio-economic model of the Irish Sea whitefish and nephrops fisheries. Vessels from Belgium, England, France, Northern Ireland, and the Republic of Ireland participate in the fishery. The objective of the model is to maximise the present value of the economic yield of the fishery subject to economic, biological, and institutional constraints under the assumption that the fishery is efficiently managed. The economic constraints include those of demand, production, costs, and social time preference rates. The biological constraints are those of the growth and recruitment characteristics of the stocks. The institutional constraints include the impact of limitations on changes in employment. The model identifies the impact on national economies through a set of output and employment multipliers. KEYWORDS: Fishery Economics, Fishery Management, Bio-Economic Modelling Bioeconomic Modeling View Full Paper (PDF file)
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