The recent establishment of the Galápagos Marine Reserve (GMR) presents a unique opportunity to analyze the economic implications of using zonification as a tool to manage conflicting claims to a fragile and limited resource. Recognizing that the long-term success of the GMR depends on the...

Decommissioning programmes have been used in many countries in an attempt to reduce the level of overexploitation in fisheries. The extent to which human capital enhancement may offset capacity reductions, however, has not been previously examined. The study uses a stochastic production frontier...