Download This PaperThreshold Effects in Coral Reef Fisheries
43 Pages Posted: 29 Jan 2004
Date Written: December 2003
Abstract
Coral reefs may naturally flip between coral-dominated and algae-dominated states, when species' stocks trespass some threshold levels. This essay uses a stylized model of a coral reef to show how fishing may induce flips towards more algae-dominated states. Threshold effects have consequences for fisheries management, which are analyzed for open access fisheries and sole ownership.
Keywords: Multiple Steady States, Fisheries, Threshold Effects, Coral Reefs, Skiba Points
JEL Classification: Q22, Q29
Suggested Citation: Suggested Citation
Crepin, Anne-Sophie, Threshold Effects in Coral Reef Fisheries (December 2003). Available at SSRN: https://ssrn.com/abstract=482243 or http://dx.doi.org/10.2139/ssrn.482243
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