A Bioeconomic Analysis of Protected Area use in Fisheries Management
The use of protected areas as a fishery management tool has been suggested as a hedge against management failures and variation in harvests. A stochastic bioeconomic model of a two-species fishery will be used to test the performance of protected areas as a management tool in a fishery with heterogenous environments. Protected areas are analysed under density-dependent and sink-source dispersal relationships between environments within the fishery. Differing levels of management control over fishery resource extraction are analysed. The model is applied to Manning Bioregion in NSW. The focus of the study is placed on the biological and institutional characteristics that yield benefits to the fishery.
|Date of creation:||2006|
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- R. Quentin Grafton & Tom Kompas & Pham Van Ha, 2009.
"Cod Today and None Tomorrow: The Economic Value of a Marine Reserve,"
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- R. Quentin Grafton & Tom Kompas, 2009. "Cod today and none tomorrow: The Economic Value of a Marine Reserve," Environmental Economics Research Hub Research Reports 0922, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
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- R. Grafton & Tom Kompas & Viktoria Schneider, 2005. "The Bioeconomics of Marine Reserves: A Selected Review with Policy Implications," Journal of Bioeconomics, Springer, vol. 7(2), pages 161-178, 01.
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