Marine fisheries in the Asia and the Pacific region play an important role in global, regional and national economies. Many of the fisheries in the region are over-exploited, both biologically and economically. We focus on the use of appropriate fishery targets, and the importance of tying those...

Analytical results for steady-state values of the biomass that maximises the sum of inter-temporal economic profits (dynamic b_MEY) are derived in terms of a generalised harvesting function. The conditions under which dynamic b_MEY exceeds the biomass that maximises the sustained yield (b_MSY) are...