Showing 1 - 4 of 4
Although ecosystems provide myriad services to economies, only one service is considered in most renewable-resource models. The general equilibrium bioeconomic model introduced here admits a second service, and more importantly it accounts for how the two services are impacted by interactions...
Persistent link: https://www.econbiz.de/10005199243
Persistent link: https://www.econbiz.de/10005199249
A common strategy for limiting the total annual catch in a fishery is to restrict entry and season length. We examine the results of this strategy when entry limitation amounts to a limit on capital, but fishing firms can vary an unrestricted input, and thereby use the restricted input more...
Persistent link: https://www.econbiz.de/10008861503
Persistent link: https://www.econbiz.de/10008861510