A simple bioeconomic model of a marine reserve

John C.V. Pezzey; Callum M. Roberts; Bjorn T. Urdal

doi:10.1016/S0921-8009(99)00129-9

A simple bioeconomic model of a marine reserve

John C.V. Pezzey^*, Callum M. Roberts, Bjorn T. Urdal

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

96 Citations (Scopus)

Abstract

We model the effect of a no-take reserve in a marine fishery management area, such as on a coral reef. Implicitly, eggs and larvae are mobile but adults are not; and there is open access fishing outside the reserve. A reserve is found to increase equilibrium catch if the prior ratio of stock to carrying capacity is less than a half, and the catch-maximising reserve proportion rises towards a half as this ratio falls towards zero. After initial adjustment, long-run stability is improved by a reserve. We estimate that coral reef reserves could increase world wide annual catches by about a billion dollars. (C) 2000 Elsevier Science B.V.

Original language	English
Pages (from-to)	77-91
Number of pages	15
Journal	Ecological Economics
Volume	33
Issue number	1
DOIs	https://doi.org/10.1016/S0921-8009(99)00129-9
Publication status	Published - Apr 2000

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title = "A simple bioeconomic model of a marine reserve",

abstract = "We model the effect of a no-take reserve in a marine fishery management area, such as on a coral reef. Implicitly, eggs and larvae are mobile but adults are not; and there is open access fishing outside the reserve. A reserve is found to increase equilibrium catch if the prior ratio of stock to carrying capacity is less than a half, and the catch-maximising reserve proportion rises towards a half as this ratio falls towards zero. After initial adjustment, long-run stability is improved by a reserve. We estimate that coral reef reserves could increase world wide annual catches by about a billion dollars. (C) 2000 Elsevier Science B.V.",

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author = "Pezzey, {John C.V.} and Roberts, {Callum M.} and Urdal, {Bjorn T.}",

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AU - Pezzey, John C.V.

AU - Roberts, Callum M.

AU - Urdal, Bjorn T.

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N2 - We model the effect of a no-take reserve in a marine fishery management area, such as on a coral reef. Implicitly, eggs and larvae are mobile but adults are not; and there is open access fishing outside the reserve. A reserve is found to increase equilibrium catch if the prior ratio of stock to carrying capacity is less than a half, and the catch-maximising reserve proportion rises towards a half as this ratio falls towards zero. After initial adjustment, long-run stability is improved by a reserve. We estimate that coral reef reserves could increase world wide annual catches by about a billion dollars. (C) 2000 Elsevier Science B.V.

AB - We model the effect of a no-take reserve in a marine fishery management area, such as on a coral reef. Implicitly, eggs and larvae are mobile but adults are not; and there is open access fishing outside the reserve. A reserve is found to increase equilibrium catch if the prior ratio of stock to carrying capacity is less than a half, and the catch-maximising reserve proportion rises towards a half as this ratio falls towards zero. After initial adjustment, long-run stability is improved by a reserve. We estimate that coral reef reserves could increase world wide annual catches by about a billion dollars. (C) 2000 Elsevier Science B.V.

KW - Bioeconomic equilibrium

KW - Coral reefs

KW - No-take marine reserves

KW - Open access fishing

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DO - 10.1016/S0921-8009(99)00129-9

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VL - 33

SP - 77

EP - 91

JO - Ecological Economics

JF - Ecological Economics

IS - 1

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A simple bioeconomic model of a marine reserve

Abstract

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