Marine Reserves Switching under Uncertainty

Abstract

This paper analyses a fisheries management strategy, marine reserves switching, in which a non-fishing area is created, removed, or rotated from one site to another according to economic criteria through time. Using a dynamic optimisation framework under uncertainty, with the different fish dispersal processes, the optimal switching strategy and density distributions of the biomass, harvest, and net profit are simulated and compared under different management scenarios. This study will provide a decision and modelling framework for the design of marine reserves to achieve desired management goals.bioeconomic model, fisheries management, marine reserves, uncertainty, Resource /Energy Economics and Policy, Risk and Uncertainty, Q22,