Speaker: Christopher Costello, Director and Sustainable Fisheries Group Co-Director, Environmental Market Solutions Lab (emLab), Professor of Natural Resource Economics, Bren School UCSB, and Research Associate, National Bureau of Economic Research
Topic: New institutions for marine conservation
Most existing marine institutions are ill-equipped for conservation. Much of the ocean is either completely unmanaged, or is heavily regulated with top-down extraction policies that give little autonomy to local communities and other stakeholders to engage in bottom up conservation. This may be one explanation for why ocean conservation is lagging far behind land conservation (despite the much higher cost of the latter). In this talk I propose and examine a practical set of new institutions that are designed to correct these incentive problems and increase marine conservation. This new package of institutions accounts for behavioral responses of resource users, incentives for illegal activity, shifts arising due to climate change, and other real-world factors. I use a range of bioeconomic and empirical tools to design and evaluate these new institutions and show how and where they could be implemented in the real world.
Thursday, February 20 at 3:30pm to 4:30pm
Hatfield Marine Science Center, Guin Library Seminar Room
2030 SE Marine Science Dr, Newport, OR 97365