Abstract
Some of the results presented by Walters (1985. Can. J. Fish. Aquat. Sci. 42: 147–149) for the magnitude of bias in estimating functional relationships from time series data resulted from his choice of initial stock size in Monte Carlo simulations rather than the dynamics of the model. Walters used the same initial stock size in each simulation while varying parameters in the stock–recruitment relationship. Starting each simulation at the equilibrium stock size or allowing initial stock size to vary randomly produces larger estimates of bias and leads to different conclusions about the relationship of bias to parameter values in the model.

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