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The Gordon-Schaefer model is a bioeconomic model applied in the fishing industry.It may be used to compute the maximum sustainable yield.It takes account of biological growth rates, carrying capacity, and total and marginal costs and revenues.
In fisheries terms, maximum sustainable yield (MSY) is the largest average catch that can be captured from a stock under existing environmental conditions. [22] MSY aims at a balance between too much and too little harvest to keep the population at some intermediate abundance with a maximum replacement rate.
The concept of maximum sustainable yield (MSY) has been used in fisheries science and fisheries management for more than a century. Originally developed and popularized by Fedor Baranov early in the 1900s as the "theory of fishing," it is often credited with laying the foundation for the modern understanding of the population dynamics of ...
gretl is an example of an open-source statistical package. ADaMSoft – a generalized statistical software with data mining algorithms and methods for data management; ADMB – a software suite for non-linear statistical modeling based on C++ which uses automatic differentiation; Chronux – for neurobiological time series data; DAP – free ...
MSY is extensively used for fisheries management. [10] [11] Unlike the logistic (Schaefer) model, MSY in most modern fisheries models occurs at around 30-40% of the unexploited population size. [12] This fraction differs among populations depending on the life history of the species and the age-specific selectivity of the fishing method.
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