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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 fisheries. [1]
The maximum sustainable yield is usually higher than the optimum sustainable yield and maximum economic yield. MSY is extensively used for fisheries management . Unlike the logistic ( Schaefer ) model, [ 1 ] MSY has been refined in most modern fisheries models and occurs at around 30% of the unexploited population size.
The maximum sustainable yield (MSY) is the largest amount of biomass that can be collected annually for indefinite periods. MSY assesses the productive capacity of the fishery, rather than demand or economic costs. MSY output may be greater or less than monopolistic or competitive output.
An open entry policy usually results in too many fishermen so profits are barely higher than opportunity costs. See economic rent. Maximum sustainable yield (MSY) – the maximum catch that can be taken from a species' stock over an indefinite period. Under the assumption of logistic growth, the MSY will be exactly at half the carrying capacity ...
In population ecology and economics, the maximum sustainable yield or MSY is, theoretically, the largest catch that can be taken from a fishery stock over an indefinite period. [8] [9] Under the assumption of logistic growth, the MSY will be exactly at half the carrying capacity of a species, as this is the stage at when population growth is ...
Sustainable reef net fishing is a salmon harvesting technique created and used by Lummi and Coast Salish Indigenous people over 1,000 years.
The amount that is available to be harvested is controlled by the benchmarks MSY and OY. MSY is the maximum sustainable yield and OY is the optimum yield of a stock. The main difference between MSY and OY is that MSY considers only the biology of the fish while the OY considers the economic aspect of the harvest.
Long term constant yield is the idea that undisturbed nature establishes a steady state that changes little over time. Properly done, fishing at up to maximum sustainable yield allows nature to adjust to a new steady state, without compromising future harvests. However, this view is naive, because constancy is not an attribute of marine ...