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Essay text:
These studies
might have been adequate in a less variable fishery,
and even in the anchoveta fishery were useful in that
they prevented an excessive increase in fishing
effort. But because they did not allow for the
possibility of large changes in the behavior of the
population, they were of little value when
recruitment failed in 1972. The stock's collapse in
that year and its apparent failure to recover since are
still not understood. In the light of this experience,
future studies and management of anchoveta
fisheries should take into account the potential for
large changes in the parameters of the fish
populations and in the meaning of the usual fishery
statistics and survey data...
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