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Economic Management and Thresholds in Ecosystems

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  • IIFET 2008 Vietnam keynote presentation. PowerPoint presentation by Professor Aart de Zeeuw from the Department of Economics and Center, Tilburg University and The Beijer Institute of Ecological Economics, Stockholm.
  • Common pool resource models traditionally assume simple resource dynamics but recent research developments emphasize the importance of the link with ecological systems and the presence of thresholds and multiple steady states in these ecosystems. Good examples are lakes, grasslands and coral reef systems. It follows that optimal management of ecosystems and characterization of outcomes under non-cooperative behaviour have to be reconsidered. The basic methodology must be able to handle complex dynamics as well as strategic interaction between users of the resource. This lecture will present some examples of these systems and will focus on the first results in developing methodology with the purpose to characterize and analyze this type of problems. An important remaining issue is that thresholds are usually not known, so that an important topic for further research is how to handle this type of uncertainty.
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  • Zeeuw, Aart de. 2008. Economic Management and Thresholds in Ecosystems. In: Proceedings of the Fourteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 22-25, 2008, Nha Trang, Vietnam: Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2008.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, The Department of Fisheries and Oceans, Canada; Aquaculture CRSP and AquaFish CRSP; Minh Phu Seafood Corporation; Vietnam Datacommunication Company (VDC); Camau Frozen Seafood Processing Import Export Corporation (Camimex); Long Sinh Limited Company; Mai Linh Group and Nam Viet Corporation.
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