Atlantic Sea Scallop Fishery Research Articles

Stochastic Control Theory Applied to Fishery Management

The results of optimal control theory applied to deterministic fishery models is extended to the continuous stochastic case. The simple logistic model is generalized to stochastic models by singly considering the logistic parameters and the fishing harvest as random processes. Approximate probability density functions are calculated for one model. The stochastic models are applied to the Atlantic sea-scallop fishery. Dynamic programming is used to obtain control solutions.

An Econometric Analysis of Atlantic Sea Scallop Markets

The Atlantic sea scallop (Placopecten magellanicus) is harvested in the waters off the coast of the northeastern United States and Canada by vessels from both countries. The Atlantic sea scallop fishery has been an important fishery in the Northeastern U.S. in recent decades. This is particularly true for New England where, during the quarter-century ending in 1976, over 10 percent of the value of all fish and shellfish landed was attributable to the harvest of sea scallops.