@article{ ISI:000304222700003,
Author = {Hoshino, Eriko and Milner-Gulland, E. J. and Hillary, Richard M.},
Title = {{Bioeconomic adaptive management procedures for short-lived species: A
   case study of Pacific saury (Cololabis saira) and Japanese common squid
   (Todarodes pacificus)}},
Journal = {{FISHERIES RESEARCH}},
Year = {{2012}},
Volume = {{121}},
Pages = {{17-30}},
Month = {{JUN}},
Abstract = {{Short-lived fisheries stocks are subject to large fluctuations in
   abundance and respond rapidly to many factors including changes in
   oceanographic conditions, biological interactions and fishery
   exploitation. Management of such species requires a flexible, adaptive
   framework that responds rapidly to a changing environment, although such
   schemes are rarely operationalized. In this article, we develop a set of
   bioeconomic adaptive management schemes that respond to changes in
   economic conditions, stock abundance and catchability, using as case
   studies the fisheries targeting short-lived Japanese common squid
   (Todarodes pacificus) and Pacific saury (Cololabis saira). We suggest
   that such adaptive schemes have the potential to support the successful
   implementation of profit maximizing (MEY-based) harvest policies for
   borderline profitable fisheries targeting short-lived species. (C) 2012
   Elsevier B.V. All rights reserved.}},
Publisher = {{ELSEVIER SCIENCE BV}},
Address = {{PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS}},
Type = {{Article}},
Language = {{English}},
Affiliation = {{Hoshino, E (Reprint Author), Univ Tasmania, Sch Econ \& Finance, IMAS, Commerce Bldg,Private Bag 85, Hobart, Tas 7001, Australia.
   Hoshino, Eriko, Univ Tasmania, Sch Econ \& Finance, IMAS, Hobart, Tas 7001, Australia.
   Hoshino, Eriko; Milner-Gulland, E. J.; Hillary, Richard M., Univ London Imperial Coll Sci Technol \& Med, Div Biol, Ascot SL5 7PY, Berks, England.
   Hillary, Richard M., CSIRO Marine \& Atmospher Res, CSIRO Wealth Oceans Flagship, Hobart, Tas 7001, Australia.}},
DOI = {{10.1016/j.fishres.2012.01.007}},
ISSN = {{0165-7836}},
Keywords = {{Bioeconomic modelling; Adaptive management; MSE; Management procedure;
   MEY; Short-lived species; Pacific saury; Japanese common squid}},
Keywords-Plus = {{STOCK ASSESSMENT; FISHERIES; FISH; CATCHABILITY; VARIABILITY;
   STRATEGIES; ABUNDANCE; ATLANTIC; DESIGN; COD}},
Research-Areas = {{Fisheries}},
Web-of-Science-Categories  = {{Fisheries}},
Author-Email = {{eriko.hoshino@utas.edu.au}},
ResearcherID-Numbers = {{Hillary, Richard/L-3300-2013
   Hoshino, Eriko/N-7557-2013
   }},
ORCID-Numbers = {{Hoshino, Eriko/0000-0001-7110-4251
   Milner-Gulland, E.J./0000-0003-0324-2710}},
Funding-Acknowledgement = {{Royal Society}},
Funding-Text = {{We thank John Harwood and Kai Lorenzen for useful comments. EJMG
   acknowledges the support of a Royal Society Wolfson Research Merit
   award. We also thank Andre Punt and an anonymous referee whose comments
   both improved and clarified a previous version of this paper.}},
Number-of-Cited-References = {{46}},
Times-Cited = {{4}},
Usage-Count-Last-180-days = {{1}},
Usage-Count-Since-2013 = {{14}},
Journal-ISO = {{Fish Res.}},
Doc-Delivery-Number = {{944RY}},
Unique-ID = {{ISI:000304222700003}},
OA = {{No}},
DA = {{2017-08-17}},
}

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Management of such species requires a flexible, adaptive framework that responds rapidly to a changing environment, although such schemes are rarely operationalized. In this article, we develop a set of bioeconomic adaptive management schemes that respond to changes in economic conditions, stock abundance and catchability, using as case studies the fisheries targeting short-lived Japanese common squid (Todarodes pacificus) and Pacific saury (Cololabis saira). We suggest that such adaptive schemes have the potential to support the successful implementation of profit maximizing (MEY-based) harvest policies for borderline profitable fisheries targeting short-lived species. (C) 2012 Elsevier B.V. All rights reserved.","publisher":"ELSEVIER SCIENCE BV","address":"PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS","language":"English","affiliation":"Hoshino, E (Reprint Author), Univ Tasmania, Sch Econ & Finance, IMAS, Commerce Bldg,Private Bag 85, Hobart, Tas 7001, Australia. Hoshino, Eriko, Univ Tasmania, Sch Econ & Finance, IMAS, Hobart, Tas 7001, Australia. Hoshino, Eriko; Milner-Gulland, E. J.; Hillary, Richard M., Univ London Imperial Coll Sci Technol & Med, Div Biol, Ascot SL5 7PY, Berks, England. 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Management of such species requires a flexible, adaptive\n framework that responds rapidly to a changing environment, although such\n schemes are rarely operationalized. In this article, we develop a set of\n bioeconomic adaptive management schemes that respond to changes in\n economic conditions, stock abundance and catchability, using as case\n studies the fisheries targeting short-lived Japanese common squid\n (Todarodes pacificus) and Pacific saury (Cololabis saira). We suggest\n that such adaptive schemes have the potential to support the successful\n implementation of profit maximizing (MEY-based) harvest policies for\n borderline profitable fisheries targeting short-lived species. (C) 2012\n Elsevier B.V. All rights reserved.}},\nPublisher = {{ELSEVIER SCIENCE BV}},\nAddress = {{PO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS}},\nType = {{Article}},\nLanguage = {{English}},\nAffiliation = {{Hoshino, E (Reprint Author), Univ Tasmania, Sch Econ \\& Finance, IMAS, Commerce Bldg,Private Bag 85, Hobart, Tas 7001, Australia.\n Hoshino, Eriko, Univ Tasmania, Sch Econ \\& Finance, IMAS, Hobart, Tas 7001, Australia.\n Hoshino, Eriko; Milner-Gulland, E. J.; Hillary, Richard M., Univ London Imperial Coll Sci Technol \\& Med, Div Biol, Ascot SL5 7PY, Berks, England.\n Hillary, Richard M., CSIRO Marine \\& Atmospher Res, CSIRO Wealth Oceans Flagship, Hobart, Tas 7001, Australia.}},\nDOI = {{10.1016/j.fishres.2012.01.007}},\nISSN = {{0165-7836}},\nKeywords = {{Bioeconomic modelling; Adaptive management; MSE; Management procedure;\n MEY; Short-lived species; Pacific saury; Japanese common squid}},\nKeywords-Plus = {{STOCK ASSESSMENT; FISHERIES; FISH; CATCHABILITY; VARIABILITY;\n STRATEGIES; ABUNDANCE; ATLANTIC; DESIGN; COD}},\nResearch-Areas = {{Fisheries}},\nWeb-of-Science-Categories = {{Fisheries}},\nAuthor-Email = {{eriko.hoshino@utas.edu.au}},\nResearcherID-Numbers = {{Hillary, Richard/L-3300-2013\n Hoshino, Eriko/N-7557-2013\n }},\nORCID-Numbers = {{Hoshino, Eriko/0000-0001-7110-4251\n Milner-Gulland, E.J./0000-0003-0324-2710}},\nFunding-Acknowledgement = {{Royal Society}},\nFunding-Text = {{We thank John Harwood and Kai Lorenzen for useful comments. 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