Bioeconomic Modelling and Valuation of Exploited Marine Ecosystems

This book offers an environmental-economic analysis of exploited ecosystems with a clear policy orientation. The study tries to move beyond traditional economic fishery analysis in two respects. First, several theoretical and numerical models are offered

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Economy & Environment VOLUME 28

Scientific Advisory Board Scott Barrett, School of Advanced International Studies, Johns Hopkins University, Washington DC, U.S.A. Klaus Conrad, University of Mannheim, Mannheim, Germany David James, Ecoservices Pty. Ltd., Whale Beach, New South Wales, Australia Bengt J. Kriström, University of Umea, Sweden Raymond Prince, Congressional Budget Office, U.S. Congress, Washington DC, U.S.A. Domenico Siniscalco, ENI-Enrico Mattei, Milano, Italy / University of Torino, Italy

The titles published in this series are listed at the end of this volume.

Bioeconomic Modelling and Valuation of Exploited Marine Ecosystems by

J.C.J.M. van den Bergh Free University, Amsterdam, The Netherlands

J. Hoekstra National Institute of Public Health and the Environment, Bilthoven, The Netherlands

R. Imeson Free University, Amsterdam, The Netherlands

P.A.L.D. Nunes University of Venice, Italy

and

A.T. de Blaeij University of Utrecht, The Netherlands

A C.I.P. Catalogue record for this book is available from the Library of Congress.

ISBN-10 ISBN-13 ISBN-10 ISBN-13

1-4020-4041-5 (HB) 978-1-4020-4041-2 (HB) 1-4020-4059-8 (e-book) 978-1-4020-4059-7 (e-book)

Published by Springer, P.O. Box 17, 3300 AA Dordrecht, The Netherlands. www.springer.com

Printed on acid-free paper

All Rights Reserved © 2006 Springer No part of this work may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, microfilming, recording or otherwise, without written permission from the Publisher, with the exception of any material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Printed in the Netherlands.

CONTENTS

Preface

vii

1. Background and summary

PART I

TOOLS AND BASIC INSIGHTS

1

13

2. Integrated assessment of marine ecosystem exploitation

15

3. Deterministic economic models of fisheries management and policy

29

4. Incorporating uncertainty in the economic analysis of marine ecosystem exploitation

53

5. Managing the fisheries: a synthesis of old and new insights

73

PART II

BIOECONOMIC MODELING

6. Harvesting and conservation in a predator–prey system

91 93

7. Bioeconomic analysis of a shellfishery with habitat effects

117

8. Marine reserve creation for sedentary species with uncertain metapopulation dynamics

137

9. A spatial–temporal model of the interaction of shellfish and birds in a marine ecosystem

149

vi PART III

CONTENTS MONETARY VALUATION AND STAKEHOLDER ANALYSIS

183

10. Policy failure and stakeholder dissatisfaction in the Dutch wadden sea shellfishery

185

11. Stated choice valuation of multiple stakeholders in the Dutch wadden sea

209

12. The cost of exotic marine species: a joint travel cost – contingent valuation survey

229

References

241

Index

257

PREFACE

Economic dimensions have been somewhat neglected in research on nature policy and management of marine ecosystem exploitation. The current book aims to fil