The Bioeconomics of Marine Reserves: A Selected Review with Policy Implications

Quentin Grafton, Thomas Kompas, Viktoria Schneider

    Research output: Contribution to journalArticle

    Abstract

    The paper 'bridges the divide' between the biological and economic literature on marine reserves. It provides a selected review of the traditional use of reserves, the early reserve literature, the potential benefits of reserves, spillovers from reserves to harvested areas and bioeconomic models of marine reserves. The bioeconomics literature is examined from the perspectives of deterministic models, spatial economic models and models that include uncertainty and stochasticity. Insights from the review are used to provide management implications in terms of reserve design, stakeholder cooperation and process, reserve-fishery transfers, traditional management controls, and ecosystem approaches to managing fisheries.
    Original languageEnglish
    Pages (from-to)161-178
    JournalJournal of Bioeconomics
    Volume7
    DOIs
    Publication statusPublished - 2005

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