A Stochastic Constrained Optimization Model for Determining Commercial Fishing Seasons

• Published in: Management science Vol. 26; no. 2; pp. 143 - 154
• Main Author: Gaither, Norman
• Format: Journal Article
• Language: English
• Published: Linthicum INFORMS 01.02.1980; Institute of Management Sciences; Institute for Operations Research and the Management Sciences
• Series: Management Science
• Subjects: Applications; Commercial fishing; Computer simulation; Crabs; Fish; Fisheries; Fisheries management; Fishery economics; Fishing; Fishing seasons; Geographic regions; government regulation; Linear programming; linear programming applications; Management science; Mathematical programming; Objective functions; Optimization; Prices; Production capacity; Profits; Seasons; simulation; Snow; Species; Stochastic models; Studies; Variables; Weather; Weather forecasting

Fisheries management must set fishing seasons that define either length of season, amount of seasonal catch, or both. These seasons are traditionally set with one overriding concern—protect the bio-mass of the fishery. In this paper, a stochastic constrained optimization model is developed for a mul...