Publicação
Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery
| Resumo: | Several world fish stocks are being explored at unsustainable levels and require management plans to rebuild stock abundance. Defining a management plan is, however, a complex task that entails multidisciplinary work. In fact, while it requires solid scientific knowledge of fish stocks, the inclusion of economic and social objectives is crucial to a successful management implementation. In this paper we develop an age-structured bioeconomic model where the objective function is modified to accommodate preferences from different stakeholders. In particular, we consider important characteristics that a management plan should take into account: profit maximization, fishermen’s preference for reducing landings’ fluctuations and risk of fishery collapse. Modeling preferences for reducing landings’ fluctuations is accomplished by defining a utility function with aversion to intertemporal income fluctuations. Building upon biology literature, we model precautionary concerns by incorporating a probability of collapse that depends on current spawning biomass. We illustrate how this framework is able to assist in the analysis and design of harvest control rules applying it to the Ibero-Atlantic sardine stock. |
|---|---|
| Autores principais: | Rosa, Renato |
| Outros Autores: | Vaz, João; Mota, Rui; Silva, Alexandra |
| Assunto: | Fishery management Optimal harvesting Age-structured model Stock collapse Harvest control rules Bioeconomic model Multiple objectives |
| Ano: | 2018 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso restrito |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| _version_ | 1869346003192119296 |
|---|---|
| author | Rosa, Renato |
| author2 | Vaz, João Mota, Rui Silva, Alexandra |
| author2_role | author author author |
| author_facet | Rosa, Renato Vaz, João Mota, Rui Silva, Alexandra |
| author_role | author |
| contributor_name_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Rosa, Renato\"},{\"Person.name\":\"Vaz, João\"},{\"Person.name\":\"Mota, Rui\"},{\"Person.name\":\"Silva, Alexandra\",\"Person.identifier.orcid\":\"0000-0002-2950-1429\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| datacite.creators.creator.creatorName.fl_str_mv | Rosa, Renato Vaz, João Mota, Rui Silva, Alexandra |
| datacite.date.Accepted.fl_str_mv | 2018-01-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2020-01-19T20:23:25Z |
| datacite.date.embargoed.fl_str_mv | 2020-01-19T20:23:25Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_16ec |
| datacite.subjects.subject.fl_str_mv | Fishery management Optimal harvesting Age-structured model Stock collapse Harvest control rules Bioeconomic model Multiple objectives |
| datacite.titles.title.fl_str_mv | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| dc.contributor.none.fl_str_mv | Repositório Científico de Acesso Aberto da ULisboa |
| dc.creator.none.fl_str_mv | Rosa, Renato Vaz, João Mota, Rui Silva, Alexandra |
| dc.date.Accepted.fl_str_mv | 2018-01-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2020-01-19T20:23:25Z |
| dc.date.embargoed.fl_str_mv | 2020-01-19T20:23:25Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10451/41166 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | Springer |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_16ec |
| dc.subject.none.fl_str_mv | Fishery management Optimal harvesting Age-structured model Stock collapse Harvest control rules Bioeconomic model Multiple objectives |
| dc.title.fl_str_mv | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_6501 |
| description | Several world fish stocks are being explored at unsustainable levels and require management plans to rebuild stock abundance. Defining a management plan is, however, a complex task that entails multidisciplinary work. In fact, while it requires solid scientific knowledge of fish stocks, the inclusion of economic and social objectives is crucial to a successful management implementation. In this paper we develop an age-structured bioeconomic model where the objective function is modified to accommodate preferences from different stakeholders. In particular, we consider important characteristics that a management plan should take into account: profit maximization, fishermen’s preference for reducing landings’ fluctuations and risk of fishery collapse. Modeling preferences for reducing landings’ fluctuations is accomplished by defining a utility function with aversion to intertemporal income fluctuations. Building upon biology literature, we model precautionary concerns by incorporating a probability of collapse that depends on current spawning biomass. We illustrate how this framework is able to assist in the analysis and design of harvest control rules applying it to the Ibero-Atlantic sardine stock. |
| dirty | 0 |
| eu_rights_str_mv | restrictedAccess |
| format | article |
| fulltext.url.fl_str_mv | https://repositorio.ulisboa.pt/bitstreams/35e6aac8-b3bb-4f03-bad5-cad35c9f9de4/download |
| id | ul_3f472a2aec669c0cd7de0d7d2e41a46c |
| identifier.url.fl_str_mv | http://hdl.handle.net/10451/41166 |
| inst_facet_str | urn:organizationAcronym:ul{{{_:::_}}}Universidade de Lisboa |
| instacron_str | ul |
| institution | Universidade de Lisboa |
| instname_str | Universidade de Lisboa |
| language | eng |
| network_acronym_str | ul |
| network_name_str | Repositório da Universidade de Lisboa |
| oai_identifier_str | oai:repositorio.ulisboa.pt:10451/41166 |
| organization_str_mv | urn:organizationAcronym:ul |
| person_str_mv | Rosa, Renato Vaz, João Mota, Rui Silva, Alexandra Silva, Alexandra https://www.ciencia-id.pt/BA13-184F-7C48 BA13-184F-7C48 http://orcid.org/0000-0002-2950-1429 0000-0002-2950-1429 |
| publishDate | 2018 |
| publisher.none.fl_str_mv | Springer |
| repo_facet_str | urn:repositoryAcronym:ul{{{_:::_}}}Repositório da Universidade de Lisboa |
| reponame_str | Repositório da Universidade de Lisboa |
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| spelling | engSpringerpt_PTSeveral world fish stocks are being explored at unsustainable levels and require management plans to rebuild stock abundance. Defining a management plan is, however, a complex task that entails multidisciplinary work. In fact, while it requires solid scientific knowledge of fish stocks, the inclusion of economic and social objectives is crucial to a successful management implementation. In this paper we develop an age-structured bioeconomic model where the objective function is modified to accommodate preferences from different stakeholders. In particular, we consider important characteristics that a management plan should take into account: profit maximization, fishermen’s preference for reducing landings’ fluctuations and risk of fishery collapse. Modeling preferences for reducing landings’ fluctuations is accomplished by defining a utility function with aversion to intertemporal income fluctuations. Building upon biology literature, we model precautionary concerns by incorporating a probability of collapse that depends on current spawning biomass. We illustrate how this framework is able to assist in the analysis and design of harvest control rules applying it to the Ibero-Atlantic sardine stock.application/pdfpt_PTPreference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine FisheryRosa, RenatoVaz, JoãoMota, RuiPersonalSilva, AlexandraDSpacehttp://dspace.org/items/be8d1609-2e75-4940-9877-cdd565a0a930DSpacehttp://dspace.org/items/be8d1609-2e75-4940-9877-cdd565a0a930SilvaAlexandraCiência IDhttps://www.ciencia-id.ptBA13-184F-7C48ORCIDhttp://orcid.org0000-0002-2950-1429Researcher IDhttps://www.researcherid.comI-4326-2017Scopus Author IDhttps://www.scopus.com24340266700HostingInstitutionOrganizationalRepositório Científico de Acesso Aberto da ULisboae-mailmailto:repositorio@ulisboa.ptrepositorio@ulisboa.ptISSNIsPartOf0924-6460DOIIsPartOf10.1007/s10640-017-0187-72020-01-19T20:23:25Z20182018-01-01T00:00:00ZHandlehttp://hdl.handle.net/10451/41166http://purl.org/coar/access_right/c_16ecrestricted accessFishery managementOptimal harvestingAge-structured modelStock collapseHarvest control rulesBioeconomic modelMultiple objectives1432701 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_16ecapplication/pdffulltexthttps://repositorio.ulisboa.pt/bitstreams/35e6aac8-b3bb-4f03-bad5-cad35c9f9de4/downloadEnvironmental and Resource Economics714875895 |
| spellingShingle | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery Rosa, Renato Fishery management Optimal harvesting Age-structured model Stock collapse Harvest control rules Bioeconomic model Multiple objectives |
| status | SINGLETON |
| subject.fl_str_mv | Fishery management Optimal harvesting Age-structured model Stock collapse Harvest control rules Bioeconomic model Multiple objectives |
| title | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| title_full | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| title_fullStr | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| title_full_unstemmed | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| title_short | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| title_sort | Preference for Landings’ Smoothing and Risk of Collapse in Optimal Fishery Policies: The Ibero-Atlantic Sardine Fishery |
| topic | Fishery management Optimal harvesting Age-structured model Stock collapse Harvest control rules Bioeconomic model Multiple objectives |
| topic_facet | Fishery management Optimal harvesting Age-structured model Stock collapse Harvest control rules Bioeconomic model Multiple objectives |
| url | http://hdl.handle.net/10451/41166 |
| visible | 1 |