Marine reserves switching under uncertainty

of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. 1 2Abstract This paper analyses a fisheries management strategy, marine reserves switching, in which a non-fishing area is created, removed, or rotated from one site to another according to eco-nomic criteria through time. Using a dynamic optimisation framework under uncertainty, with the different fish dispersal processes, the optimal switching strategy and density distri-butions of the biomass, harvest, and net profit are simulated and compared under different management scenarios. This study will provide a decision and modelling framework for the design of marine reserves to achieve desired management goals. Keywods: bioeconomic model, fisheries management, marine reserves, uncertainty JEL Classification: Q22 3