The author wishes to make the following correction to this paper. Due to mislabeling, replace:
Figure 11.
Comparing precautionary with liberal TAC setting on accumulated discounted fishery profits.
Figure 11.
Comparing precautionary with liberal TAC setting on accumulated discounted fishery profits.

with:
Figure 11.
Comparing precautionary with liberal TAC setting on accumulated discounted fishery profits.
Figure 11.
Comparing precautionary with liberal TAC setting on accumulated discounted fishery profits.

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