Table 1. Prior probability distributions with mode and coefficient of variation for parameters specified in the state-space production model

Parameter Prior Mode CV
r Lognormal (–0.75, 0.86) 0.22 1.05
k Lognormal (15.14, 0.96) 1,454,000 1.26
q Uniform on logq (−90, −1) Noninformative
σ p 2 Inverse gamma (2.68, 1.06) 0.29 1.21
σ o 2 Inverse gamma (4.78, 0.66) 0.11 0.60
P1999 Normal on logp1999 (–1.37, 1.35) 0.07 1.69
CV, coefficient of variation.