Conservation markets for wildlife management with case studies from whaling. Issue 1 (1st January 2014)

• Record Type: Journal Article
• Authors: Gerber, Leah R.; Costello, Christopher; Gaines, Steven D
• Is Part Of: Ecological applications. Volume 24:Issue 1(2014)
• Page Start: 4
• Page End: 14
• Publication Date: 2014-01-01
• Subjects: Balaena mysticetus -- Balaenoptera acutorostrata -- bowhead whale -- conservation -- conservation market -- Eschrictius robustus -- gray whale -- minke whale -- tradable harvest quota -- whaling; Ecology -- Periodicals; Environmental protection -- Periodicals; Biology, Economic -- Periodicals; 577.05
• DOI: 10.1890/12-1919.1
• Languages: English
• ISSNs: 1051-0761

Abstract

Abstract : Although market‐based incentives have helped resolve many environmental challenges, conservation markets still play a relatively minor role in wildlife management. Establishing property rights for environmental goods and allowing trade between resource extractors and resource conservationists may offer a path forward in conserving charismatic species like whales, wolves, turtles, and sharks. In this paper, we provide a conceptual model for implementing a conservation market for wildlife and evaluate how such a market could be applied to three case studies for whales (minke [ Balaenoptera acutorostrata ], bowhead [ Balaena mysticetus ], and gray [ Eschrictius robustus ]). We show that, if designed and operated properly, such a market could ensure persistence of imperiled populations, while simultaneously improving the welfare of resource harvesters.