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Fisheries Management v1.0

Simulate fisheries management to prevent stock collapse and ensure sustainability!

FREE Ecosystem Management Business Management Renewable Resource Management Advanced Level

Simulator Description:

This simulator models fisheries management. Mismanagement of fisheries may easily cause the collapse of fish stocks, fishing fleets and associated fishing communities. Fisheries are renewable resources, but their overexploitation to the point of destruction is a common and global problem.

A good fishery management ensures that collective fishing effort is well-balanced with available fish stocks and fish regeneration. But why is this balance so difficult to achieve? Fishermen do not receive good feedback signal from the fishery. Fish populations begin to decline dangerously before they can notice a drastic catch reduction.

Tutorial

Discover how fisheries and fishing companies are affected by:

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Initial Fish Biomass
โš“
Initial Fishing Fleet Size
๐ŸŒŠ
Fish Carrying Capacity
๐Ÿ”„
Maximum Net Regeneration
๐Ÿ’ฒ
Initial Fish Price
๐Ÿ’ฒ
Initial Ship Price
โš“
Initial Ship Operating Cost
๐Ÿ“‰
Ship Depreciation
๐ŸŽฃ
Ship Normal Catch
โฑ๏ธ
Fleet Adjustment Time
โš“
Maximum Fleet Size because of Public Regulations
๐Ÿ’ฐ
Initial Company Cash
๐Ÿ’ฐ
Minimum Desired Company Cash
๐Ÿ“Š
Investing Strategy
๐Ÿ“ˆ
Inflation
๐Ÿ’น
Interest Rate

Explore how these key aspects evolve over time:

๐ŸŸ
Fish Biomass
๐Ÿ”
Net Fish Regeneration
๐ŸŽฃ
Fleet Catch Rate
๐ŸŸ
Fish Density
๐ŸŽฃ
Ship Catch Rate
๐Ÿ’ฐ
Company Cash
๐Ÿ’ต
Profit Rate
๐Ÿ’ต
Investment Rate
๐Ÿ’ต
Dividends Rate
โš“
Number of Ships
๐Ÿ“Š
Price/Earnings Ratio
๐Ÿ’ฐ
Company Cash
๐Ÿ’ต
Dividends Rate
๐Ÿ’ฐ
Minimum Desired Cash
๐Ÿ’ต
Present Total Company Value
๐Ÿ’ต
Present Dividends Value
๐Ÿ’ต
Present Company Value
๐Ÿ’ต
Future Total Company Value
๐Ÿ’ต
Future Dividends Value
๐Ÿ’ต
Future Company Value
๐Ÿ’ฒ
Fish Price
๐Ÿ’ฒ
Ship Price
๐Ÿ’ฒ
Operating Cost

Fisheries Management simulator features:

๐Ÿ†“
Free
๐ŸŒ
Available 24x7 as Web App
โš™๏ธ
18 Input Parameters
๐Ÿ“Š
28 Interactive Output Plots
๐Ÿ“š
Detailed Documentation