The Effect Of Information On A Stochastic Fishery

Document Type

Presentation Abstract

Presentation Date

5-9-2002

Abstract

In recent years there has been increasing recognition of the impact of environmental fluctuations on major marine fisheries worldwide. The management of a fish stock is complicated by the resulting uncertainties. The goal of this talk is to provide a better understanding of the impact of knowledge on a model of stochastic fisheries. The intent is to ascertain whether earlier and more accurate information regarding the environmental conditions might allow for better management of the resource. This is indeed the case when a single manager controls the resource, however we will show this is not necessarily true when the stock is harvested by two or more competing interests.

Additional Details

Thursday, 9 May 2002
4:10 p.m. in Math 109
Coffee/treats at 3:30 p.m. Math 104 (Lounge)

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