Optimal Rebuilding of a Metapopulation
James Sanchirico (),
James Wilen and
Conrad Coleman
American Journal of Agricultural Economics, 2010, vol. 92, issue 4, 1087-1102
Abstract:
A contentious issue in recent fisheries management debates has been how to rebuild overfished marine fish stocks. We investigate the economic and ecological nature of rebuilding plans in a metapopulation system. We find "most rapid approach paths" for system-wide recovery that differ from prototypical paths that might be chosen when populations are assumed independent. For example, moratoria in some patches may be extended in order to speed the recovery of other patches in the system. We also investigate the costs of second-best policies that depend on the degree of spatial heterogeneity, the nature of the linkages, and the dispersal rates. Copyright 2010, Oxford University Press.
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:92:y:2010:i:4:p:1087-1102
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