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Ocean warming and deoxygenation are already modifying the habitats of many aerobic organisms. Benthic habitat in the Northeast Pacific is sensitive to deoxygenation, as low oxygen concentrations occur naturally in continental shelf bottom waters. Here, we examine the potential impacts of deoxygenation and ocean warming on the habitat distribution of Pacific halibut (Hippoglossus stenolepis), one of the most commercially important groundfish in North America. We combine fisheries‐independent Pacific halibut survey data (1998–2020) with oceanographic measurements and a regional ocean circulation model to investigate current and future (end of 21st century) influences of deoxygenation and warming on optimal Pacific halibut habitat. We use the observations and model output to derive a metabolic index of Pacific halibut‐specific suitable habitat. Our results show high Pacific halibut counts in regions where the metabolic index is greatest and demonstrate that interannual variability in Pacific halibut abundance is coherent with the Pacific Decadal Oscillation. Working with model projections, we examine potential future changes in suitable Pacific halibut habitat by the end of the century under a high carbon dioxide emissions scenario. These projections indicate that suitable Pacific halibut habitat may largely disappear off the coast of Washington state, retreating approximately 5° latitude northward. In bottom waters along coastal British Columbia and Alaska continental shelf, Pacific halibut habitat is projected to decrease by about 50%. Such habitat changes may potentially drive a northward shift in Pacific halibut, with significant implications for commercial fisheries. [ABSTRACT FROM AUTHOR]

We apply the concept of threat points in game theory to explore the stability of current joint management arrangements for shared transboundary fish stocks between Canada and the United States. We use three examples to explore the effects of projected impacts of climate change on the productivity and distribution of these stocks between the exclusive economic zones of the two countries. The three stocks that we study are: Atlantic cod (Gadus morhua) and yellowtail flounder (Limanda ferruginea) within the Gulf of Maine, and Pacific halibut (Hippoglossus stenolepis) in the Pacific Coast. We define a threat point as the payoffs that the fisheries in Canada and the United States take home given the current management agreement between the two countries. This is an application of John Nash's threat point, defined as the minimum payoffs that each player in a game theoretic model must receive for the solution to a cooperative game to be stable, which is usually the outcome of a noncooperative game. First, we compute the threat points, that is, the current profits that Canada and the United States derive from the three shared stocks, respectively. Next, we build an ensemble of climate-marine ecosystem and economic models and use them to determine how climate change is likely to change current profits received by each country relative to the shifts in their threat points. We find that in some cases the profits obtained by fisheries in Canada and the United States would change under climate change both in absolute and relative terms resulting in relative changes in threat points. These relative changes in threat points serve as the basis for our discussion of the stability of current transboundary management agreements between Canada and the United States for these important shared stocks in the face of climate change. [ABSTRACT FROM AUTHOR]