Economic effort management in multispecies fisheries: the FcubEcon model. Hoff, A., Frost, H., Ulrich, C., Damalas, D., Maravelias, C. D., Goti, L., & Santurtun, M. ICES JOURNAL OF MARINE SCIENCE, 67(8):1802-1810, OXFORD UNIV PRESS, GREAT CLARENDON ST, OXFORD OX2 6DP, ENGLAND, NOV, 2010.
doi  abstract   bibtex   
Hoff, A., Frost, H., Ulrich, C., Damalas, D., Maravelias, C. D., Goti, L., and Santurtun, M. 2010. Economic effort management in multispecies fisheries: the FcubEcon model. - ICES Journal of Marine Science, 67: 1802-1810. Applying single-species assessment and quotas in multispecies fisheries can lead to overfishing or quota underutilization, because advice can be conflicting when different stocks are caught within the same fishery. During the past decade, increased focus on this issue has resulted in the development of management tools based on fleets, fisheries, and areas, rather than on unit fish stocks. A natural consequence of this has been to consider effort rather than quota management, a final effort decision being based on fleet-harvest potential and fish-stock-preservation considerations. Effort allocation between fleets should not be based on biological considerations alone, but also on the economic behaviour of fishers, because fisheries management has a significant impact on human behaviour as well as on ecosystem development. The FcubEcon management framework for effort allocation between fleets and fisheries is presented, based on the economic optimization of a fishery's earnings while complying with stock-preservation criteria. Through case studies of two European fisheries, it is shown how fishery earnings can be increased significantly by reallocating effort between fisheries in an economically optimal manner, in both effort-management and single-quota management settings.
@article{ ISI:000283121900027,
Author = {Hoff, Ayoe and Frost, Hans and Ulrich, Clara and Damalas, Dimitrios and
   Maravelias, Christos D. and Goti, Leyre and Santurtun, Marina},
Title = {{Economic effort management in multispecies fisheries: the FcubEcon model}},
Journal = {{ICES JOURNAL OF MARINE SCIENCE}},
Year = {{2010}},
Volume = {{67}},
Number = {{8}},
Pages = {{1802-1810}},
Month = {{NOV}},
Abstract = {{Hoff, A., Frost, H., Ulrich, C., Damalas, D., Maravelias, C. D., Goti,
   L., and Santurtun, M. 2010. Economic effort management in multispecies
   fisheries: the FcubEcon model. - ICES Journal of Marine Science, 67:
   1802-1810.
   Applying single-species assessment and quotas in multispecies fisheries
   can lead to overfishing or quota underutilization, because advice can be
   conflicting when different stocks are caught within the same fishery.
   During the past decade, increased focus on this issue has resulted in
   the development of management tools based on fleets, fisheries, and
   areas, rather than on unit fish stocks. A natural consequence of this
   has been to consider effort rather than quota management, a final effort
   decision being based on fleet-harvest potential and
   fish-stock-preservation considerations. Effort allocation between fleets
   should not be based on biological considerations alone, but also on the
   economic behaviour of fishers, because fisheries management has a
   significant impact on human behaviour as well as on ecosystem
   development. The FcubEcon management framework for effort allocation
   between fleets and fisheries is presented, based on the economic
   optimization of a fishery's earnings while complying with
   stock-preservation criteria. Through case studies of two European
   fisheries, it is shown how fishery earnings can be increased
   significantly by reallocating effort between fisheries in an
   economically optimal manner, in both effort-management and single-quota
   management settings.}},
Publisher = {{OXFORD UNIV PRESS}},
Address = {{GREAT CLARENDON ST, OXFORD OX2 6DP, ENGLAND}},
Type = {{Article}},
Language = {{English}},
Affiliation = {{Hoff, A (Reprint Author), Univ Copenhagen, Inst Food \& Resource Econ, Rolighedsvej 25, DK-1958 Frederiksberg C, Denmark.
   Hoff, Ayoe; Frost, Hans, Univ Copenhagen, Inst Food \& Resource Econ, DK-1958 Frederiksberg C, Denmark.
   Ulrich, Clara, Tech Univ Denmark, Natl Inst Aquat Resources, DK-2920 Charlottenlund, Denmark.
   Damalas, Dimitrios; Maravelias, Christos D., Hellen Ctr Marine Res, Anavyssos 19013, Attica, Greece.
   Santurtun, Marina, AZTI Tecnalia Invest Marina, Sukarrieta 48395, Bizkaia, Spain.}},
DOI = {{10.1093/icesjms/fsq076}},
ISSN = {{1054-3139}},
Keywords = {{bioeconomic model; economically optimal management; effort management;
   mixed-fisheries management}},
Research-Areas = {{Fisheries; Marine \& Freshwater Biology; Oceanography}},
Web-of-Science-Categories  = {{Fisheries; Marine \& Freshwater Biology; Oceanography}},
Author-Email = {{ah@foi.dk}},
ResearcherID-Numbers = {{Ulrich, Clara/F-3583-2011
   Frost, Hans Staby/E-1213-2015}},
ORCID-Numbers = {{Frost, Hans Staby/0000-0002-5680-4695}},
Funding-Acknowledgement = {{Institute of Food and Resource Economics, University of Copenhagen}},
Funding-Text = {{The work presented here was performed under the 6th Framework Programme
   AFRAME (a framework for fleet- and area-based management). We thank two
   anonymous referees and the editor whose comments on the submitted draft
   proved most useful. Funding to pay the Open Access publication charges
   for this article was provided by the Institute of Food and Resource
   Economics, University of Copenhagen.}},
Number-of-Cited-References = {{21}},
Times-Cited = {{14}},
Usage-Count-Last-180-days = {{2}},
Usage-Count-Since-2013 = {{17}},
Journal-ISO = {{ICES J. Mar. Sci.}},
Doc-Delivery-Number = {{666NK}},
Unique-ID = {{ISI:000283121900027}},
OA = {{No}},
DA = {{2017-08-17}},
}

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