Bioeconomic models of fisheries usually do not provide details of fishermen's short-run behavior. This paper develops a model for the short-run selection of fishing location by a profit-maximizing fisherman in an open-access fishery given that fish density increases further from port and given...

Maximum sustainable yield (MSY) has been adopted as the primary management goal by several inter-government fishery organisations, and in the United States it forms the cornerstone of federal fishery management policy. MSY became a strategic goal for the management of Europe's fisheries...