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Uncertainty and the Active Adaptive Management of Marine Reserves

  • Tom Kompas
  • R. Quentin Grafton

Unpredictable environmental fluctuations are a major problem in fisheries. To mitigate these uncertainties, reserves are advocated to help ensure population persistence, reduce population and harvest variance and to provide a ‘hedge’ against management failures. Using recent insights from the modelling of marine reserves that indicate that reserves can generate a ‘win-win’ in terms of economic payoffs and ecological benefits, we propose a six-step process for managing reserves with uncertainty and argue in favour of initially establishing less than desirable reserve sizes where stakeholder resistance to reserves may be preventing their implementation.

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File URL: https://crawford.anu.edu.au/degrees/idec/working_papers/IDEC04-2.pdf
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Paper provided by International and Development Economics in its series International and Development Economics Working Papers with number idec04-2.

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Length: 23 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:idc:wpaper:idec04-2
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  1. Smith, Martin D. & Wilen, James E., 2003. "Economic impacts of marine reserves: the importance of spatial behavior," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 183-206, September.
  2. Squires, Dale & Campbell, Harry & Cunningham, Stephen & Dewees, Christopher & Grafton, R Quentin & Herrick, Samuel F & Kirkley, James & Pascoe, Sean & Salvanes, Kjell & Shallard, Bruce & Turris, Bruce, 1998. "Individual transferable quotas in multispecies fisheries," Marine Policy, Elsevier, vol. 22(2), pages 135-159, March.
  3. Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November.
  4. Jones, Peter J S, 1999. "Marine nature reserves in Britain: past lessons, current status and future issues," Marine Policy, Elsevier, vol. 23(4-5), pages 375-396, July.
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