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Uncertainty and the Active Adaptive Management of Marine Reserves

Author

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  • Tom Kompas
  • R. Quentin Grafton

Abstract

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.

Suggested Citation

  • Tom Kompas & R. Quentin Grafton, 2004. "Uncertainty and the Active Adaptive Management of Marine Reserves," International and Development Economics Working Papers idec04-2, International and Development Economics.
  • Handle: RePEc:idc:wpaper:idec04-2
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    File URL: https://crawford.anu.edu.au/degrees/idec/working_papers/IDEC04-2.pdf
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    References listed on IDEAS

    as
    1. Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November.
    2. 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.
    3. 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.
    4. 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.
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    Citations

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    Cited by:

    1. Greenville, Jared W. & MacAulay, T. Gordon, 2007. "Bioeconomic analysis of protected area use in fisheries management," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 0(Issue 4), pages 1-22.
    2. Stevens, T.F. & Sheehan, E.V. & Gall, S.C. & Fowell, S.C. & Attrill, M.J., 2014. "Monitoring benthic biodiversity restoration in Lyme Bay marine protected area: Design, sampling and analysis," Marine Policy, Elsevier, vol. 45(C), pages 310-317.
    3. Greenville, Jared W. & MacAulay, T. Gordon, 2006. "Protected areas in fisheries: a two-patch, two-species model," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 0(Issue 2), pages 1-20, June.
    4. Greenville, Jared W. & MacAulay, T. Gordon, 2006. "A Bioeconomic Analysis of Protected Area use in Fisheries Management," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139738, Australian Agricultural and Resource Economics Society.
    5. Grafton, R. Quentin & Akter, Sonia & Kompas, Tom, 2009. "Guide to the Ex-Ante Socio-Economic Evaluation of Marine Protected Areas," Research Reports 94827, Australian National University, Environmental Economics Research Hub.
    6. Graeme J. Doole, 2005. "Optimal management of the New Zealand longfin eel (Anguilla dieffenbachii) ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(4), pages 395-411, December.
    7. Greenville, Jared W. & MacAulay, T. Gordon, 2006. "A Bioeconomic Analysis of Protected Area use in Fisheries Management," 2006 Annual meeting, July 23-26, Long Beach, CA 21469, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Quentin Grafton, R., 2010. "Adaptation to climate change in marine capture fisheries," Marine Policy, Elsevier, vol. 34(3), pages 606-615, May.
    9. Wielgus, Jeffrey & Sala, Enric & Gerber, Leah R., 2008. "Assessing the ecological and economic benefits of a no-take marine reserve," Ecological Economics, Elsevier, vol. 67(1), pages 32-40, August.
    10. Elvin, S.S. & Taggart, C.T., 2008. "Right whales and vessels in Canadian waters," Marine Policy, Elsevier, vol. 32(3), pages 379-386, May.
    11. Jared Greenville & T. Gordon MacAulay, 2006. "Protected areas in fisheries: a two-patch, two-species model ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(2), pages 207-226, June.
    12. repec:eee:ecomod:v:245:y:2012:i:c:p:31-40 is not listed on IDEAS
    13. Greenville, Jared W. & MacAulay, T. Gordon, 2006. "Protected Areas and the Management of Fisheries: An Institutional Perspective," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139739, Australian Agricultural and Resource Economics Society.

    More about this item

    JEL classification:

    • D89 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Other
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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