In the history of fish stock assessment two different approaches dominated. One using
time series of an indicator of stock abundance (standardized catch rate as a proxy for stock
abundance) along with time series of fish catch (Schaefer, 1954). These models provide
inference about current and target fish stock abundance and the maximum sustainable yield.
The second approach depend on a time series of detailed fish catch-at-age data in order to
reconstruct the virtual abundance of each annual cohort that had been fished (Pope, 1972
– Virtual Population Analysis, VPA). In the last two decades there has been development of
a third approach known as Integrated Analysis (IA) that takes a more inclusive approach to
modeling fish population dynamics utilizing a wide range of available data