Reserve Site Selection in a Limited-Entry Fishery

James Sanchirico ()

RFF Working Paper Series from Resources for the Future

Abstract: Marine reserves are gaining attention around the world as a tool to both conserve ocean resources and improve the productivity of fisheries. Using simulation analysis, we investigate in a limited-entry fishery comprising nine subpopulations the inherent bioeconomic trade-offs associated with cost-effective designs of marine reserve networks—that is, the trade-offs between the degree of connectedness of a site and the biological and economic heterogeneity. We find in many cases that closing two low-value patches can result in larger biological gains and lower costs than closing one high-value patch. We also simulate biological productivity effects after creation of a reserve and find that under special conditions, aggregate sustainable rents are maximized with the closing of a portion of the fishable habitat. Finally, we find that the biological gains of implementing a more rationalized management system can outweigh the gains from closing multiple subpopulations under open access.

Keywords: fisheries; limited-entry; marine reserves; marine reserve networks (search for similar items in EconPapers)
JEL-codes: Q22 (search for similar items in EconPapers)
Date: 2002-12-01
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Citations: View citations in EconPapers (1)

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