Sustainability in fisheries management is a formidable goal for policy makers. One challenge for scientists is to define and design candidates for management plans and harvest control rules (HCRs) in accordance with the precautionary approach (environmental protection through decision-taking in the case of risk) that conform with long-term sustainable exploitation. These HCRs must also extend beyond the realm of fish stock sustainability into that of the environmental, the social, and the economic.
By linking a biological model with a socio-economic one, both calibrated for the Norwegian capelin and cod single-species fisheries in the Barents Sea, Dankel et al. lay out multiple objectives by working out utility functions for five stakeholder groups, using the results to assess different management options.
The outcome shows that, for both cod and capelin, suitably low harvest rates and minimum-size regulations selected for larger fish bring about surprisingly high joint stakeholders satisfaction, with the least satisfied among five modeled stakeholder groups reaching a respective 93% and 90% of their maximum achievable utility.
Addressing the uncertainties linked with stakeholder preferences and environmental fluctuations further demonstrates that stakeholder satisfaction is more robust when it comes to cod than it is with capelin.
This unique approach aids the involvement of stakeholders in fishery management as well as the formulation of sustainable plans which consider biological, economic and social dimensions.
Theme Session H runs 26-27 September in Harpa's Silfurberg B room
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