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Reserve Site Selection in a Limited-Entry Fishery

Author

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  • Sanchirico, James

    (Resources for the Future)

Abstract

Marine reserves are gaining attention around the world as a tool to both conserve ocean resources and improve the productivity of fisheries. Using simulation analysis, we investigate in a limited-entry fishery comprising nine subpopulations the inherent bioeconomic trade-offs associated with cost-effective designs of marine reserve networks—that is, the trade-offs between the degree of connectedness of a site and the biological and economic heterogeneity. We find in many cases that closing two low-value patches can result in larger biological gains and lower costs than closing one high-value patch. We also simulate biological productivity effects after creation of a reserve and find that under special conditions, aggregate sustainable rents are maximized with the closing of a portion of the fishable habitat. Finally, we find that the biological gains of implementing a more rationalized management system can outweigh the gains from closing multiple subpopulations under open access.

Suggested Citation

  • Sanchirico, James, 2002. "Reserve Site Selection in a Limited-Entry Fishery," RFF Working Paper Series dp-02-69-rev, Resources for the Future.
    • Handle: RePEc:rff:dpaper:dp-02-69-rev
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    File URL: http://www.rff.org/rff/documents/RFF-DP-02-69%20REV.pdf
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    Cited by:

    1. Janmaat, Johannus A., 2005. "Sharing clams: tragedy of an incomplete commons," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 26-51, January.

    More about this item

    Keywords

    fisheries; limited-entry; marine reserves; marine reserve networks;
    All these keywords.

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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