From Australian Oceans Data Network
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Saving the seas: the economic justification for marine reserves: WORKING PAPER

Created 23/06/2025

Updated 23/06/2025

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This record describes, and links to a working paper produced through the Crawford School of Economics and Government at The Australian National University in Canberra.

We contribute to the understanding of marine reserves and the management of renewable resources with uncertainty. We show that the key benefit of reserves is that they increase resilience, or the speed it takes a population to return to a former state following a negative shock. Resilience can also increase resource rents even with optimal harvesting. We contradict the accepted wisdom that reserves have no value if harvesting is optimal, reserves and optimal output controls are equivalent, reserves have value only with overexploited populations and that reserves must be large to offer benefits to fishers.

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Additional Info

Field Value
Title Saving the seas: the economic justification for marine reserves: WORKING PAPER
Language eng
Licence Not Specified
Landing Page https://data.gov.au/data/dataset/8f6c2875-7912-48e3-a1cf-979e5db80fdb
Contact Point
Australian Ocean Data Network
quentin.grafton@anu.edu.au
Reference Period 17/12/2014
Geospatial Coverage Australia
Data Portal Australian Oceans Data Network

Data Source

This dataset was originally found on Australian Oceans Data Network "Saving the seas: the economic justification for marine reserves: WORKING PAPER". Please visit the source to access the original metadata of the dataset:
https://catalogue.aodn.org.au/geonetwork/srv/eng/csw/dataset/saving-the-seas-the-economic-justification-for-marine-reserves-working-paper1