Compute Average Annual Dynamic Value of Catch across projection period

Compute average annual dynamic value of landed catch from the fixed-gear fleet (median and CIs) per year across all years and simulation seeds, for each combination of operating models and management procedures. Value is computed based on an assumed linear relationship between catch and price (assuming that increased catch floods existing markets and decreases prices due to market abundance), where prices are constant at a "maximum" level when catch <15k mt, and are constant at a "minimum" level when catch >30k mt. Pricing data from June 2024 NPFMC Small Sablefish Release Analyses.

Usage

average_annual_dynamic_value(
  model_runs,
  extra_columns,
  interval_widths = c(0.5, 0.8),
  time_horizon = c(65, NA),
  extra_filter = NULL,
  relative = NULL,
  summarise_by = c("om", "hcr")
)

Arguments

model_runs

list of completed MSE simulations runs

extra_columns

data.frame specifying names for OM and HCR to attach to each model_run (see `bind_mse_outputs` for more details)

interval_widths

confidence intevrals to compute

extra_filter

an additional set of filters to apply before computing medians and confidence intervals

relative

a management procedure to compute metric relative to

summarise_by

vector of columns to summarise metric by