Maximum sustainable yield from interacting fish stocks in an uncertain world: two policy choices and underlying trade-offs Adrian Farcas Centre for Environment, Fisheries & Aquaculture Science Pakefield Road, Lowestoft NR33 0HT, United Kingdom
[email protected] Axel G. Rossberg∗ Queen Mary University of London, School of Biological and Chemical Sciences, 327 Mile End Rd, London E1, United Kingdom and Centre for Environment, Fisheries & Aquaculture Science Pakefield Road, Lowestoft NR33 0HT, United Kingdom
[email protected] 26 May 2016 c Crown copyright Abstract The case of fisheries management illustrates how the inherent structural instability of ecosystems can have deep-running policy implications. We contrast ten types of management plans to achieve maximum sustainable yields (MSY) from multiple stocks and compare their effectiveness based on a management strategy evalua- tion (MSE) that uses complex food webs in its operating model. Plans that target specific stock sizes (BMSY) consistently led to higher yields than plans targeting spe- cific fishing pressures (FMSY). A new self-optimising control rule, introduced here arXiv:1412.0199v6 [q-bio.PE] 31 May 2016 for its robustness to structural instability, led to intermediate yields. Most plans outperformed single-species management plans with pressure targets set without considering multispecies interactions. However, more refined plans to \maximise the yield from each stock separately", in the sense of a Nash equilibrium, produced total yields comparable to plans aiming to maximise total harvested biomass, and were more robust to structural instability. Our analyses highlight trade-offs between yields, amenability to negotiations, pressures on biodiversity, and continuity with current approaches in the European context.