Such an approach can be used for rebuilding but it lacks information on the optimal time horizon or time path. Because static models exclude information on the transition, and the reasons behind the need for rebuilding, they will be inadequate for addressing the rebuilding of fisheries (Clark, 2006a). How parameters affect the static equilibrium (e.g. Table 1) can be quite different from how they impact the dynamics of a time path. And, while constant parameters may be acceptable for determining an initial equilibrium target (e.g. MEY), the dynamic specification may need to consider endogenous effects such as how costs vary with stock size or effort or how fish prices may change with harvest levels or fish size.