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Political economy of marine reserves: understanding the role of opportunity costs.

Publication ,  Journal Article
Smith, MD; Lynham, J; Sanchirico, JN; Wilson, JA
Published in: Proc Natl Acad Sci U S A
October 26, 2010

The creation of marine reserves is often controversial. For decisionmakers, trying to find compromises, an understanding of the timing, magnitude, and incidence of the costs of a reserve is critical. Understanding the costs, in turn, requires consideration of not just the direct financial costs but also the opportunity costs associated with reserves. We use a discrete choice model of commercial fishermen's behavior to examine both the short-run and long-run opportunity costs of marine reserves. Our results can help policymakers recognize the factors influencing commercial fishermen's responses to reserve proposals. More generally, we highlight the potential drivers behind the political economy of marine reserves.

Duke Scholars

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Published In

Proc Natl Acad Sci U S A

DOI

EISSN

1091-6490

Publication Date

October 26, 2010

Volume

107

Issue

43

Start / End Page

18300 / 18305

Location

United States

Related Subject Headings

  • Population Dynamics
  • Politics
  • Models, Economic
  • Marine Biology
  • Humans
  • Fishes
  • Fisheries
  • Ecosystem
  • Costs and Cost Analysis
  • Conservation of Natural Resources
 

Citation

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Smith, M. D., Lynham, J., Sanchirico, J. N., & Wilson, J. A. (2010). Political economy of marine reserves: understanding the role of opportunity costs. Proc Natl Acad Sci U S A, 107(43), 18300–18305. https://doi.org/10.1073/pnas.0907365107
Smith, Martin D., John Lynham, James N. Sanchirico, and James A. Wilson. “Political economy of marine reserves: understanding the role of opportunity costs.Proc Natl Acad Sci U S A 107, no. 43 (October 26, 2010): 18300–305. https://doi.org/10.1073/pnas.0907365107.
Smith MD, Lynham J, Sanchirico JN, Wilson JA. Political economy of marine reserves: understanding the role of opportunity costs. Proc Natl Acad Sci U S A. 2010 Oct 26;107(43):18300–5.
Smith, Martin D., et al. “Political economy of marine reserves: understanding the role of opportunity costs.Proc Natl Acad Sci U S A, vol. 107, no. 43, Oct. 2010, pp. 18300–05. Pubmed, doi:10.1073/pnas.0907365107.
Smith MD, Lynham J, Sanchirico JN, Wilson JA. Political economy of marine reserves: understanding the role of opportunity costs. Proc Natl Acad Sci U S A. 2010 Oct 26;107(43):18300–18305.
Journal cover image

Published In

Proc Natl Acad Sci U S A

DOI

EISSN

1091-6490

Publication Date

October 26, 2010

Volume

107

Issue

43

Start / End Page

18300 / 18305

Location

United States

Related Subject Headings

  • Population Dynamics
  • Politics
  • Models, Economic
  • Marine Biology
  • Humans
  • Fishes
  • Fisheries
  • Ecosystem
  • Costs and Cost Analysis
  • Conservation of Natural Resources