Geromont and Butterworth Constant Catch Harvest Control Rule
GB_CC.Rd
A simple MP that aims for a reference catch (as a proxy for MSY) subject to imperfect information.
Arguments
- x
A position in the data object
- Data
A data object
- reps
The number of stochastic samples of the MP recommendation(s)
- plot
Logical. Show the plot?
Value
An object of class Rec-class
with the TAC
slot populated with a numeric vector of length reps
Details
Note that this is my interpretation of their MP and is now stochastic. Currently it is generalized and is not 'tuned' to more detailed assessment data which might explain why in some cases it leads to stock declines.
The TAC is calculated as:
$$\textrm{TAC} = C_\textrm{ref}$$
where \(C_\textrm{ref}\) is a reference catch assumed to be a proxy for MSY.
In the MSE \(C_\textrm{ref}\) is the calculated MSY subject to observation error
defined in Obs@CV_Cref
.
The TAC is subject to the following conditions:
if next TAC > 1.2 last catch, then TAC = 1.2 last catch
if next TAC < 0.8 last catch, then TAC = 0.8 last catch
Rendered Equations
See Online Documentation for correctly rendered equations
References
Geromont, H.F. and Butterworth, D.S. 2014. Complex assessment or simple management procedures for efficient fisheries management: a comparative study. ICES J. Mar. Sci. doi:10.1093/icesjms/fsu017
See also
Other Constant Catch MPs:
CC1()
Examples
GB_CC(1, MSEtool::SimulatedData, plot=TRUE)
#> TAC (median)
#> 1668.429