Implications of life-history invariants for biological reference points used in fishery management

Fish harvest policies typically rely on biological reference points for measures of a stock's status. We examine three common biological reference points based on fishing mortality rates corresponding to maximum sustainable yield with an age-structured deterministic model. We incorporate invariant life-history relationships into the model to maintain parsimony and focus model parameters on biologically plausible parameter space. A wide range of biological and fishery characteristics were used in the model so that our results pertain to the management of virtually any exploited population. Results indicate that two biological reference points based on spawning biomass are insensitive to life-history parameters, whereas one based on natural mortality is highly sensitive. All three depend largely on the choice of a stock-recruitment function and on steepness, a measure of the population growth rate. For each of the three, values have been previously proposed that were intended to safely apply to all fisheries; our results show that no such universal values exist. We recommend determining stock-recruitment functions a priori, establishing biological reference points on steepness explicitly and eliminating harvest policies based on the natural mortality rate altogether.