Bycatch of threatened, endangered or protected species by commercial fishers is a universal problem. Technical solutions are often applied that may impose inefficiencies across the fleet, even in periods or areas when the risk of bycatch is low. These may include gear specifically designed to...

Improving the economic performance of fisheries is becoming increasingly important in fisheries management, and in some cases, maximum economic yield (MEY) is set as a key management target. However, recent critics of MEY as a management target have argued that a decline in the level of fishing...

The measurement of technical efficiency requires the estimation of an appropriate production frontier. This is based on a set of inputs that are assumed to influence the level of output. Deviations from this frontier production function are separated into random variation and inefficiency....

A feature of fisheries that distinguishes them from most other industries is the level of control imposed on the production process. Previous studies have identified inefficiency in fisheries that is directly related to the management restrictions. The development of Slack-based measure (SBM)...

The objective of maximum economic yield in fisheries requires the use of bioeconomic models for the estimation of appropriate economic-based catch or effort targets. These in turn require detailed information on costs of fishing, and how these costs may change under different fleet size and...