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Up the ante on bioeconomic submodels of marine food webs: A data assimilation-based approach

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  • Ekerhovd, Nils-Arne
  • Kvamsdal, Sturla F.

Abstract

While economists have discussed ecosystem-based fisheries management and similar concepts, little attention has been devoted to purposeful modeling of food webs. Models of ecosystems or food webs that make economic analysis viable should capture as much as possible of system structure and dynamics while balancing biological and ecological detail against dimensionality and model complexity. Relevant models need strong, empirical content, but data availability may inhibit modeling efforts. Models are bound to be nonlinear, and model and observational uncertainty should be included. To deal with these issues and to improve modeling of ecosystems or food webs for use in ecosystem-based fisheries management analysis, we suggest the data assimilation method ensemble Kalman filtering. To illustrate the method, we model the dynamics of the main, pelagic species in the Norwegian Sea. In order to reduce parameter dimensionality, the species are modeled to rely on a common carrying capacity. We also take further methodological steps to deal with a still high number of parameters. Our best model captures much of the observed dynamics in the fish stocks while the estimated model error is moderate.

Suggested Citation

  • Ekerhovd, Nils-Arne & Kvamsdal, Sturla F., 2017. "Up the ante on bioeconomic submodels of marine food webs: A data assimilation-based approach," Ecological Economics, Elsevier, vol. 131(C), pages 250-261.
  • Handle: RePEc:eee:ecolec:v:131:y:2017:i:c:p:250-261
    DOI: 10.1016/j.ecolecon.2016.09.005
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    References listed on IDEAS

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    1. Nils-Arne Ekerhovd & Stein Ivar Steinshamn, 2016. "Economic Benefits of Multi-Species Management: The Pelagic Fisheries in the Northeast Atlantic," Marine Resource Economics, University of Chicago Press, vol. 31(2), pages 193-210.
    2. Daniel Gordon, 2015. "The Endogeneity Problem in Applied Fisheries Econometrics: A Critical Review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(1), pages 115-125, May.
    3. Edwards, Steven F. & Link, Jason S. & Rountree, Barbara P., 2004. "Portfolio management of wild fish stocks," Ecological Economics, Elsevier, vol. 49(3), pages 317-329, July.
    4. Rögnvaldur Hannesson, 2011. "Game Theory and Fisheries," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 181-202, October.
    5. Poudel, Diwakar & Sandal, Leif K. & Steinshamn, Stein I. & Kvamsdal, Sturla F., 2012. "Do Species Interactions and Stochasticity Matter to Optimal Management of Multispecies Fisheries?," Discussion Papers 2012/1, Norwegian School of Economics, Department of Business and Management Science.
    6. Bjorndal, Trond & Munro, Gordon, 2012. "The Economics and Management of World Fisheries," OUP Catalogue, Oxford University Press, number 9780199576753, Decembrie.
    7. Jon Sætrom & Henning Omre, 2013. "Uncertainty Quantification in the Ensemble Kalman Filter," Scandinavian Journal of Statistics, Danish Society for Theoretical Statistics;Finnish Statistical Society;Norwegian Statistical Association;Swedish Statistical Association, vol. 40(4), pages 868-885, December.
    8. Choi, In, 2001. "Unit root tests for panel data," Journal of International Money and Finance, Elsevier, vol. 20(2), pages 249-272, April.
    9. John Tschirhart, 2009. "Integrated Ecological-Economic Models," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 381-407, September.
    10. Trond Bjørndal & Nils-Arne Ekerhovd, 2014. "Management of Pelagic Fisheries in the North East Atlantic: Norwegian Spring Spawning Herring, Mackerel, and Blue Whiting," Marine Resource Economics, University of Chicago Press, vol. 29(1), pages 69-83.
    11. Crépin, Anne-Sophie & Norberg, Jon & Mäler, Karl-Göran, 2011. "Coupled economic-ecological systems with slow and fast dynamics -- Modelling and analysis method," Ecological Economics, Elsevier, vol. 70(8), pages 1448-1458, June.
    12. Partha Dasgupta & Karl-Göran Mäler, 2003. "The Economics of Non-Convex Ecosystems: Introduction," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 26(4), pages 499-525, December.
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    Cited by:

    1. Kvamsdal, Sturla & Maroto, José M. & Morán, Manuel & Sandal, Leif K., 2017. "A bridge between continuous and discrete-time bioeconomic models: Seasonality in fisheries," Ecological Modelling, Elsevier, vol. 364(C), pages 124-131.
    2. Ekerhovd, Nils-Arne & Flåm, Sjur Didrik & Steinshamn, Stein Ivar, 2021. "On shared use of renewable stocks," European Journal of Operational Research, Elsevier, vol. 290(3), pages 1125-1135.

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