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Catchability is crucial for the economic performance of fisheries and their management. However, in many bio-economic simulation models it is assumed to be either constant or it is largely ignored, despite the fact that it is known to vary due to technical, environmental and behavioral factors. Such variation can cause the relationship between effort and fishing mortality to be nonlinear. This paper provides evidence for the possibility of nonlinear optimizing behavior from the Dutch beam trawl fishery, provides a methodology for estimating the curvature of the resulting relation, and a simple way of implementing these processes within a bio-economic model. Moreover, it shows the influence of a nonlinear relationship between effort and fishing mortality in a model of effort management (EU long-term flatfish management plan). [ABSTRACT FROM AUTHOR]

Marine ecological change is likely to have serious potential economic consequences for coastal economies all over the world. This article reviews the current literature on the economic impacts of marine ecological change, as well as a number of recent contributions to this literature carried out under the VECTORS project. We focus on three main types of change, namely invasive alien species; outbreak-forming species, such as jellyfish and toxic algae; and gradual changes in species distribution and productivity. The case studies available in the literature demonstrate that the impacts of invasions and outbreaks on fisheries, aquaculture, and tourism can potentially amount to several tens of millions of dollars each year in some regions. Moreover, stated preference studies suggest a substantial impact on coastal tourism and non-use values that is likely not visible in case studies of specific outbreak events. Climate-driven gradual changes in distribution and productivity of commercial fish stocks will have an impact on fisheries, although these impacts are likely to be overshadowed by much larger changes in prices of seafood and fuel. [ABSTRACT FROM AUTHOR]