2016
DOI: 10.7717/peerj.1623
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An explicit solution for calculating optimum spawning stock size from Ricker’s stock recruitment model

Abstract: Stock-recruitment models have been used for decades in fisheries management as a means of formalizing the expected number of offspring that recruit to a fishery based on the number of parents. In particular, Ricker’s stock recruitment model is widely used due to its flexibility and ease with which the parameters can be estimated. After model fitting, the spawning stock size that produces the maximum sustainable yield (SMSY) to a fishery, and the harvest corresponding to it (UMSY), are two of the most common bi… Show more

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Cited by 13 publications
(12 citation statements)
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“…Under perfect management control the harvest rate, U , experienced by stock n in year y was: Uy,n=0trueN^y,nEn0(Ny,nEn)false/Ny,n,trueN^y,nEn>0where Nfalse^y,n, the forecasted run size, is equal to the true run size ( N y , n ) plus forecast error εn which was lognormally distributed with a mean of zero and variance equal to σf2, where the f subscript differentiates this variance from other variance terms in the simulation. The escapement goal for a given stock, E n , is the spawner abundance expected to produce maximum sustainable yield based on the stock specific α n and β n (Scheuerell, 2016), such that “surplus” production above the escapement goal is harvested when the forecasted run size is larger than it. Total harvest by stock, H y , n , is then: Hy,n=Uy,nNy,nand total escapement, by stock, is: Sy,n=Ny,nHy,n…”
Section: Methodsmentioning
confidence: 99%
“…Under perfect management control the harvest rate, U , experienced by stock n in year y was: Uy,n=0trueN^y,nEn0(Ny,nEn)false/Ny,n,trueN^y,nEn>0where Nfalse^y,n, the forecasted run size, is equal to the true run size ( N y , n ) plus forecast error εn which was lognormally distributed with a mean of zero and variance equal to σf2, where the f subscript differentiates this variance from other variance terms in the simulation. The escapement goal for a given stock, E n , is the spawner abundance expected to produce maximum sustainable yield based on the stock specific α n and β n (Scheuerell, 2016), such that “surplus” production above the escapement goal is harvested when the forecasted run size is larger than it. Total harvest by stock, H y , n , is then: Hy,n=Uy,nNy,nand total escapement, by stock, is: Sy,n=Ny,nHy,n…”
Section: Methodsmentioning
confidence: 99%
“…For all models we estimated population size at maximum sustained yield (S MSY ) using Scheuerell’s method, where W is the solution to Lambert’s function, implemented in the R-package gsl (Scheuerell 2016) (Equation 6). Posterior density distributions of S MSY for each population were estimated using 10,000 randomly sampled α and β values from the MCMC, and mean and confidence intervals were estimated using the R-package HDInterval (Meredith and Krushke 2020).…”
Section: Methodsmentioning
confidence: 99%
“…Deterministic forms of the (a) Ricker and (b) Beverton-Holt models used in the analyses (thick lines), including equations for carrying capacity ( K ) and the number of recruits corresponding to the maximum sustained yield ( R MSY ). The parameter α defines the slope at the origin, the constant e is Euler’s number, and W (·) is the Lambert function (see Scheuerell 2016 for details). The gray line is where R t = S t .…”
Section: Methodsmentioning
confidence: 99%