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Improving Fish Stock Assessments (1998) / Chapter Skim
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Appendix J
Pages 173-174

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From page 173...
... The precautionary approach to assessment would follow a process of identifying alternative possible hypotheses or states of nature, based on the information available, and examining the consequences of proposed management actions under each of these alternative hypotheses. This process would be the same in data rich and data poor analyses.
From page 174...
... projections alone are not sufficient for precautionary assessment; time frames and discount rates appropriate to inter-generational issues should be used, and b. scientific evaluation of management options requires specification of operational targets, constraints and decision rules.


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