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A multi-species, multi-métier bioeconomic optimisation model of the English Channel is used to estimate the optimal fleet size and configuration from both a multi-objective and profit-maximising perspective. The multiple objectives incorporated into the analysis are maximising overall economic profits, maintaining employment and ensuring 'relative stability' between France and the UK. Trade-offs between employment and economic profits are examined, and the effects of the European policy of 'relative stability' on the efficient management of the fleet is considered.
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Sean Pascoe (2001) studied this question.
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