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Journal ArticleDOI

Protecting and Restoring Aquatic Ecosystems in Multiple Stressor Environments

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TLDR
In this paper, the optimal management of a native fishery in a lake ecosystem subject to risks from pollution and an invasive species is investigated. And the authors find that optimal pollution abatement in absence of both these stressors may turn out to be lower than when either or both are present.
Abstract
Aquatic ecosystems around the globe are under threat from pollution, invasive species, over-exploitation, and other stressors. Given synergistic effects, policy measures to address particular stressors should be developed in tandem with policy measures to address others. We present a bio-economic model that addresses the optimal management of an aquatic ecosystem subject to multiple stressors. Specifically, we consider optimal management of a native fishery in a lake ecosystem subject to risks from pollution and an invasive species. Optimal plans exist for various cases defined by whether, one, both, or neither of the stressor events has occurred. Optimal fishery stocks vary between these cases, and depend on the order in which the stressor event occur if realized. The optimal native stock is the highest in the absence of either stressor. However, the combined influence of the multiple risks can rapidly reduce the probability of maintaining an un-invaded and un-polluted state for long. The synergistic effects of the risks interconnect optimal policies in interesting ways. We find that optimal pollution abatement in absence of both these stressors may turn out to be lower than when either or both stressors are present. The effectiveness of native fish stock in mitigating the risk of alien fish invasion can have a bearing on whether optimal native fish stock and abatement effort are used as substitutes or as complements. Pollution abatement levels that are chosen without consideration of alien invasion risk can lead indirectly to increased societal costs for invasion risk mitigation.

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Citations
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Journal ArticleDOI

Nutrient Pollution: A Wicked Challenge for Economic Instruments

TL;DR: In this article, the authors draw on a diverse interdisciplinary literature to identify challenges for implementing efficient solutions using economic instruments, but also describe why economic research and concern for economic efficiency are of crucial importance to the selection of instruments to address the problem, and propose a general equilibrium economic geography paradigm for research on instrument design and choice.
Book ChapterDOI

Defining Multiple Stressor Implications

TL;DR: In this paper, the authors define what a stressor is, how it affects the receptors, and the multiple ways in which stressors interact in river ecosystems, emphasizing the existing literature analyses of the effects of multiple stressors, as well as the outcomes most commonly found.
Journal ArticleDOI

The Economics of the Joint Management of Water Resources and Aquatic Species in the United States

TL;DR: The health of many marine, coastal, freshwater, and other aquatic ecosystems is inextricably linked to decisions about the management of water quality and quantity as discussed by the authors, and the health of these ecosystems is linked with decisions about water management and quantity.
References
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Journal ArticleDOI

Command and Control and the Pathology of Natural Resource Management

TL;DR: The pathology of natural resource management, defined as a loss of system resilience when the range of natural variation in the system is reduced encapsulates the unsustain- able environmental, social, and economic outcomes of command-and-control resource management is discussed in this article.
Journal ArticleDOI

Temporal responses of coastal hypoxia to nutrient loading and physical controls

TL;DR: In this article, the authors review published parallel time-series data on hypoxia and loading rates for inorganic nutrients and labile organic matter to analyze trajectories of oxygen (O2) response to nutrient loading.
Journal ArticleDOI

Risk assessment for invasive species produces net bioeconomic benefits.

TL;DR: A simple cost:benefit bioeconomic framework is developed to quantify the net benefits from applying species prescreening and it is shown that this RA program produces positive net economic benefits over the range of reasonable assumptions.
Journal ArticleDOI

Resilience and Restoration of Lakes

TL;DR: Economic analyses show that degraded lakes are significantly less valuable than normal lakes, and the economic benefits of restoring lakes could be used to create incentives for lake restoration.
Journal ArticleDOI

Managing ecological thresholds in coupled environmental–human systems

TL;DR: A multidimensional SES is model to investigate how alternative institutions affect SES stability landscapes and alter tipping points and strong institutions that account for feedback responses create the possibility for desirable states of the world and can cause undesirable states to cease to exist.
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