Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/118136
Authors: 
Crépin, Anne Sophie
Year of Publication: 
2003
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 107.2003
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.
Subjects: 
Multiple Steady States
Fisheries
Threshold Effects
Coral Reefs
Skiba Points
JEL: 
Q22
Q29
Document Type: 
Working Paper

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