Sustainable Maximum Economic Yield (MEY) has recently been implemented as an alternative fisheries management target (Grafton et al., 2010) including in many fisheries in Australia and the United States. Under a MEY harvest target, economic yield is maintained sustainably over the long run at the biomass or effort level where the difference between the costs of harvesting the fish and the revenues obtained from the catch is greatest (Fig. 1) (Norman-López and Pascoe, 2011). Compared to a MSY-managed fishery, a target of MEY tends to be more conservative and will generally result in reduced fishing mortality (or catch) and higher biomass (Kompas et al., 2011). This occurs because economic yield is affected by the cost of fishing, which is reduced when biomass or stock abundance is higher.