Definition of Optimum sustainable yield
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Optimum sustainable yield Definition from Science & Technology Dictionaries & Glossaries
The best sustainable yield, for the combined purposes of the fishing industry, of conservation, and of the nation as a whole. It has no hard and fast definition. In Canada, the yield when fishing at F0.1 is often used as a practical replacement for OSY. Gough and Kenchington (1995)FAO
Optimum sustainable yield Definition from Encyclopedia Dictionaries & Glossaries
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In population ecology and economics, optimum sustainable yield is the level of effort (LOE) that maximizes the difference between total revenue and total cost. Or, where marginal revenue equals marginal cost. This level of effort maximizes the economic profit, or rent, of the resource being utilized. It usually corresponds to an effort level lower than that of maximum sustainable yield.
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