| Abstract | The seine fishing industry in British Columbia was reviewed, and a voyage profile for a typical salmon seiner was developed. Probabilities of catch and income per trip were determined from observed data. A simulation model for a vessel was constructed and validated. The simulation model was then used to investigate different operating scenarios for boats. The conclusions were that a simple decision rule, based on past catch data, produced an income 37 percent higher than average, even after the increased cost of fuel was allowed for. It was also found that increasing the number of boats fishing together reduced the financial risk significantly. |
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