The global decline in estuarine and coastal ecosystems (ECEs) is affecting a number of critical benefits, or ecosystem services. We review the main ecological services across a variety of ECEs, including marshes, mangroves, nearshore coral reefs, seagrass beds, and sand beaches and dunes. Where possible, we indicate estimates of the key economic values arising from these services, and discuss how the natural variability of ECEs impacts their benefits, the synergistic relationships of ECEs across seascapes, and management implications. Although reliable valuation estimates are beginning to emerge for the key services of some ECEs, such as coral reefs, salt marshes, and mangroves, many of the important benefits of seagrass beds and sand dunes and beaches have not been assessed properly. Even for coral reefs, marshes, and mangroves, important ecological services have yet to be valued reliably, such as cross-ecosystem nutrient transfer (coral reefs), erosion control (marshes), and pollution control (mangroves). An important issue for valuing certain ECE services, such as coastal protection and habitat-fishery linkages, is that the ecological functions underlying these services vary spatially and temporally. Allowing for the connectivity between ECE habitats also may have important implications for assessing the ecological functions underlying key ecosystems services, such coastal protection, control of erosion, and habitat-fishery linkages. Finally, we conclude by suggesting an action plan for protecting and/or enhancing the immediate and longer-term values of ECE services. Because the connectivity of ECEs across land-sea gradients also influences the provision of certain ecosystem services, management of the entire seascape will be necessary to preserve such synergistic effects. Other key elements of an action plan include further ecological and economic collaborative research on valuing ECE services, improving institutional and legal frameworks for management, controlling and regulating destructive economic activities, and developing ecological restoration options.

https://esajournals.onlinelibrary.wiley.com/doi/pdf/10.1890/10-1510.1

The value of estuarine and coastal ecosystem services

Ecosystem-based fishery management (EBFM) is a new direction for fishery management, essentially reversing the order of management priorities so that management starts with the ecosystem rather than a target species. EBFM aims to sustain healthy marine ecosystems and the fisheries they support.
 Pikitch
 et al .
 describe the potential benefits of implementation of EBFM that, in their view, far outweigh the difficulties of making the transition from a management system based on maximizing individual species.

https://science.sciencemag.org/content/sci/305/5682/346.full.pdf

Ecosystem-Based Fishery Management

An important research programme has developed in economics that extends neo-classical economic theory in order to examine the effects of institutions on economic behaviour. The body of work emerging from this line of inquiry includes contributions from various branches of economic theory, such as the economics of property rights, the theory of the firm, cliometrics and law and economics. This book is a comprehensive survey of this research programme which the author terms 'neoinstitutional economics'. The author proposes a unified approach to this research, integrating the work of various contributors and emphasising the common principles of inquiry that tie the work together. The theoretical discussion is accompanied by empirical studies dealing with a range of institutions and economic systems. This book will serve as the primary resource for economists and students who want to learn about this important branch of economic theory.

Economic behavior and institutions

The 1990s may be the last decade during which constructive and creative decisions, activities, and investments can be made to ensure that many of the world's species and ecosystems are maintained, examined for their material and ecological value, and promoted for sustainable use to support new and innovative approaches to development. The combination of maintaining the maximum possible biological and cultural diversity, and the greatest possible scientific endeavor seems the most sensible approach toward dealing with the dynamic future facing humanity. The elements now exist that will reverse the trend toward the biotic impoverishment of the world. New partners in conservation need to be found, involving all ministries, departments, and private institutions that are directly dependent on biological resources. For example, national parks departments should be joined in habitat management by a wide range of other institutions to represent all interests. Furthermore, other line agencies need to develop the capacity to manage biodiversity of particular relevance to their respective missions. Actions taken in the next few years will determine whether we take a road toward a chaotic future characterized by overexploitation and abuse of our biological resources, or take the road toward maintaining greater biological diversity and resource sustainability.

Conserving the World's Biological Diversity

Secure management of information systems is crucially important in information intensive organizations. Although most organizations have long been using security technologies, it is well known that technology tools alone are not sufficient. Thus, the area of end-user security behaviors in organizations has gained an increased attention. In information security observing end-user security behaviors is challenging. Moreover, recent studies have shown that the end users have divergent security views. The inability to monitor employee IT security behaviors and divergent views regarding security policies, in our view, provide a setting where the principal agent paradigm applies. In this paper, we develop and test a theoretical model of the incentive effects of penalties, pressures and perceived effectiveness of employee actions that enhances our understanding of employee compliance to information security policies. Based on 312 employee responses from 77 organizations, we empirically validate and test the model. Our findings suggest that security behaviors can be influenced by both intrinsic and extrinsic motivators. Pressures exerted by subjective norms and peer behaviors influence employee information security behaviors. Intrinsic motivation of employee perceived effectiveness of their actions was also found to play an important role in security policy compliance intentions. In analyzing the penalties, certainty of detection was found to be significant while surprisingly, severity of punishment was found to have a negative effect on security behavior intentions. We discuss the implications of our findings for theory and practice.

Encouraging information security behaviors in organizations: Role of penalties, pressures and perceived effectiveness

An enriched theoretical model of regulatory compliance is developed in this paper. The body of empirical evidence demonstrates that the pure deterrence model of regulatory compliance, which focuses primarily on the certainty and severity of sanctions as key determinants of compliance, provides only a partial explanation of compliance behavior. To offer a more complete explanation, the model developed herein integrates economic theory with theories from psychology and sociology to account for both tangible and intangible motivations influencing individuals’ decisions whether to comply with a given set of regulations. Specifically, the model accounts for moral obligation and social influence in addition to the conventional costs and revenues associated with illegal behavior. While cast in a natural resource management context, the theory developed here is applicable to a variety of institutional conditions. The resulting framework enables the design and implementation of more efficient compliance and regulatory programs than was heretofore possible.

A socio‐economic theory of regulatory compliance

This study adds to the limited body of empirical evidence on the effect that legitimacy and deterrence have on compliance behavior. The theoretical models of compliance behavior tested include the basic deterrence model, which focuses on the certainty and severity of sanctions as key determinants of compliance, and models which integrate economic theory with theories from social psychology to account for legitimacy, deterrence, and other motivations expected to influence indiv duals' decisions whether to comply. Probit and Tobit econometric estimators are used to examine the compliance behavior of 318 Peninsular Malaysian fishermen who face a regulation banning them from fishing in a zone along the coast. The results of the empirical analysis provide additional evidence on the relationship of deterrence and legitimacy to compliance. The findings are also used to draw implications for compliance policy for regulated fisheries. According to normative compliance theory, people tend to obey laws made and implemented by authorities perceived to be legitimate. A key determinant of perceived legitimacy, according to the procedural justice literature, is the fairness built into the procedures used to develop and implement laws and regulations.l Paternoster et al. (1997) note that while there are numerous theoretical perspectives suggesting that legitimacy is an important determinant of compliance, the empirical evidence making that connection is meager.2 Our study adds to this limited body of empirical evidence. The subjects of our study are fishermen. Fishermen are excellent subjects for the study of compliance. They are subject to numerous regulations that constrain their opportunities to earn income, and temptations and opportunities for offending repeatedly occur.3 Passion, inadvertence, and accident rarely cause a fishery violation; most are the result of deliberate choice. The behavior of fishermen offers good evidence on which to test the role deterrence, legitimacy, and other factors play in explaining compliance. Studying the compliance behavior of such regulated economic agents as fishermen is important for other reasons. Achieving compliance in regulated industries is both costly and difficult. Expenditures on enforcement commonly constitute the largest cost element in governmental regulatory programs. The viability of environmental protection and resource management programs is often threatened by low rates of compliance and high enforcement costs. This raises questions whether there are ways to improve the cost effectiveness of traditional enforcement and whether there are ways to secure compliance without heavy reliance on costly enforcement. Central to improving the cost effectiveness of enforcement and compliance programs is understanding the compliance behavior of the economic agents subject to regulations. To this end, we present tests of alternative models of compliance behavior. The models tested include the basic deterrence model, which focuses on the certainty and severity of sanctions as key determinants of compliance, and models which integrate economic theory with theories from social psychology to account for both intrinsic and extrinsic motivations influencing individuals' decisions whether to comply.4 The tests are conducted on data from interviews with fishermen in Peninsular Malaysia (selfreports of violations). Becker (1968) was the first to develop a formal theoretical framework for explaining criminal activity. Following Smith (1966 [1759], 1985 [1776]) and Bentham (1967 [1789]), Becker assumes that criminals behave basically like other individuals in that they attempt to maximize utility subject to a budget constraint. In Becker's model, an individual commits a crime if the expected utility from committing the crime exceeds the utility from engaging in legitimate activity.5 The basic deterrence framework used in these studies assumes that the threat of sanctions is the only policy mechanism available to improve compliance with regulations. …

Blue Water Crime: Deterrence, Legitimacy, and Compliance in Fisheries

This article addresses the interface between law and the morality of civil society. It starts with a review of the discourse between the utilitarian approach to rationality and perspectives which include normative action. It subsequently explores the ...

The Economics of Fisheries Law Enforcement

This article focuses on measuring and explaining noncompliance in federally managed U.S. fisheries. Novel measurement techniques are used to characterize the extent and patterns of noncompliance in the northeast groundfish fishery. According to the authors’ estimates, noncompliance increased substantially in 1986 and remained high through 1988 in the groundfish fishery. On Georges Bank during 1987, a quarter to a half of all groundfish vessels were identified as frequent violators, committing closed area violations on about one‐third of their trips and using illegal mesh on nearly all trips. Illegal earnings by a typical frequent violator operating in the groundfish fishery on Georges Bank amounted to $225,000 per year in 1987. A theory of compliance in fisheries is developed and applied to explain the trends and patterns of noncompliance in the northeast groundfish fishery. Biological and economic forces are shown to be dominant causes of the recent deterioration in compliance. Other contributin...

Measuring and explaining noncompliance in federally managed fisheries

Given the heterogeneous nature of the fishing fleet and complex vessel behavior, traditional marginalist supply models are not well suited for modeling vessel mobility. A discrete choice model is utilized here to predict the probability that a vessel will enter, exit, or remain in the Gulf of Mexico shrimp fishery based on a myopic profit maximization criterion. The multinomial logit model indicates that fisherman behavior is not influenced by stock variability. The crowding externality as represented by size of fishing fleet exhibits a strong negative impact on the probability of entry, independent of changes in abundance, exvessel prices, or harvest costs. The Gulf of Mexico shrimp fishery was not an autonomous system of fishing vessels as initially believed.

Jon G. Sutinen

Papers

A socio‐economic theory of regulatory compliance

Blue Water Crime: Deterrence, Legitimacy, and Compliance in Fisheries

The Economics of Fisheries Law Enforcement

Measuring and explaining noncompliance in federally managed fisheries

Vessel Entry-Exit Behavior in the Gulf of Mexico Shrimp Fishery