Fisheries co-management is a new way to manage fisheries that involves stakeholders in decision-making. This approach aims to improve the health of fish populations and benefit society. Traditional fishery management strategies have not always been successful in preventing conflicts and overfishing. By involving those who rely on the resources, co-management can lead to better outcomes. It is important to compare the effectiveness of co-management with centralized management to see which is more efficient in the long run.