Bioeconomic modelling and risk assessment of tiger prawn (Penaeus esculentus) stock enhancement in Exmouth Gulf, Australia

Yimin Ye, Neil Loneragan, David Die, Reg Watson, Bronwyn Harch

Research output: Contribution to journalArticle

23 Scopus citations

Abstract

A bioeconomic model was developed to evaluate the potential performance of brown tiger prawn stock enhancement in Exmouth Gulf, Australia. This paper presents the framework for the bioeconomic model and risk assessment for all components of a stock enhancement operation, i.e. hatchery, grow-out, releasing, population dynamics, fishery, and monitoring, for a commercial scale enhancement of about 100 metric tonnes, a 25% increase in average annual catch in Exmouth Gulf. The model incorporates uncertainty in estimates of parameters by using a distribution for the parameter over a certain range, based on experiments, published data, or similar studies. Monte Carlo simulation was then used to quantify the effects of these uncertainties on the model-output and on the economic potential of a particular production target. The model incorporates density-dependent effects in the nursery grounds of brown tiger prawns. The results predict that a release of 21 million 1 g prawns would produce an estimated enhanced prawn catch of about 100 t. This scale of enhancement has a 66.5% chance of making a profit. The largest contributor to the overall uncertainty of the enhanced prawn catch was the post-release mortality, followed by the density-dependent mortality caused by released prawns. These two mortality rates are most difficult to estimate in practice and are much under-researched in stock enhancement.

Original languageEnglish (US)
Pages (from-to)231-249
Number of pages19
JournalFisheries Research
Volume73
Issue number1-2
DOIs
StatePublished - Jun 2005

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Keywords

  • Bioeconomic modelling
  • Penaeus esculentus
  • Risk assessment
  • Stock enhancement
  • Tiger prawn

ASJC Scopus subject areas

  • Aquatic Science

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