A Reconsideration of the Bioeconomics of Marine Sanctuaries: Commentary on Jon Conrad's Paper

Jon Harford ()

Journal of Bioeconomics, 2000, vol. 2, issue 2, 133-138

Abstract: Conrad (1999) examined the bioeconomics of marine sanctuaries and found: (1) a sanctuary that takes up a large share of the potential grounds can make fishing uneconomic, (2) a sanctuary of roughly the same size as the grounds can significantly reduce the standard deviation of the stock on the grounds when both stocks are growing randomly. It is argued that when one divides a fishery into grounds and a sanctuary the firm cost parameter should be adjusted in value as well as the capacity parameters. With this modification one finds that fishing grounds of smaller sizes are more profitable relative to their size than larger grounds and that the reduction in variability of stocks on the fishing ground is relatively smaller. Copyright Kluwer Academic Publishers 2000

Keywords: economics; fisheries; optimization; stochastic simulation (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1023/A:1011462600918 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jbioec:v:2:y:2000:i:2:p:133-138

Ordering information: This journal article can be ordered from
http://www.springer. ... al/journal/10818/PS2

DOI: 10.1023/A:1011462600918

Access Statistics for this article

Journal of Bioeconomics is currently edited by Ulrich Witt, Michael T. Ghiselin and David Sloan Wilson

More articles in Journal of Bioeconomics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().