| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Non-Market Values and Optimal Marine Reserve Switching
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| Autores: |
Yamazaki, Satoshi
Grafton, R. Quentin
Kompas, Tom
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| Data: |
2009-05-22
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| Ano: |
2009
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| Palavras-chave: |
Marine reserves
Stochastic control
Non-market values
Environmental Economics and Policy
Research Methods/ Statistical Methods
C61
Q22
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| Resumo: |
A stochastic bio-economic model is constructed to analyse the effects of marine reserve ‘switching’ between a ‘no take’ area and a harvested area. The model accounts for both market and non-market values of the fishery. Estimated parameters from the red throat emperor fishery from the Great Barrier Reef are used. Simulations show that an optimal switching strategy is, under a range of scenarios, preferred to fixed reserve and no reserve strategies. An important outcome is that the non-market values associated with the size of the fishery substantially affect both the returns from switching and the closure time.
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| Tipo: |
Report
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| Idioma: |
Inglês
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| Identificador: |
ISSN 1835-9728
http://purl.umn.edu/94825
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| Relação: |
Australian National University>Environmental Economics Research Hub>Research Reports
Environmental Economics Research Hub Research Reports
25
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| Formato: |
41
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