Optimal multispecies harvesting in the presence of a nuisance species
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文摘

An integrated three species bioeconomic model is used, one species is a nuisance.

Optimal quotas and subsidy on the harvest of the nuisance species are chosen.

The harvesting technology is multi-output and profits are vessel-and gear-specific.

Ignoring the nuisance species results in a less productive and lower value fishery.

Non-target species need to be incorporated into ecosystem-based management.

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