RT Journal Article
SR Electronic
T1 Distributional and Efficiency Effects of Marine Protected Areas: A Study of the Northeast Atlantic Cod Fishery
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 321
OP 332
DO 10.3368/le.82.3.321
VO 82
IS 3
A1 Sumaila, Ussif Rashid
A1 Armstrong, Claire W.
YR 2006
UL http://le.uwpress.org/content/82/3/321.abstract
AB We study the distributional and efficiency effects of marine protected areas using the Northeast Atlantic cod stock as an example. A model with two players targeting different age groups of cod is developed to examine how protected areas may affect payoffs to the players under cooperation and non-cooperation. We find that depending on the ex ante and ex post management regime, win-win, lose-lose, or win-lose outcomes may emerge with the implementation of marine protected areas. When the ex post management is cooperation, both players gain, while ex post non-cooperative behavior results in gains only to one of the players. (JEL Q22, Q28)