Greenville, Jared; MacAulay, T. Gordon - In: Australian Journal of Agricultural and Resource Economics 50 (2006) 2, pp. 207-226
The use of marine protected areas as a fishery management tool has been suggested as a hedge against management failures and variation in harvests. A stochastic bioeconomic model of a hypothetical predator-prey fishery is used to test the performance of protected areas in a fishery with...