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The emergence of ecosystem-based management suggests that traditional fisheries management and protection of environmental quality are increasingly interrelated. Fishery managers, however, have limited control over most sources of marine and estuarine pollution and at best can only adapt to...
Persistent link: https://www.econbiz.de/10008870587
We conduct the first empirical investigation of common-pool resource users' dynamic and strategic behavior at the micro level using real-world data. Fishermen's strategies in a fully dynamic game account for latent resource dynamics and other players' actions, revealing the profit structure of...
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Chapter 1: Although there are widely accepted theoretical explanations for overexploitation of common-pool resources, empirically we have limited information about the micro-level mechanisms that cause individually efficient exploitation to result in macro inefficiency. This paper conducts the...
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While environmental stressors such as hypoxia (low dissolved oxygen) are perceived as a threat to the productivity of coastal ecosystems, policy makers have little information about the economic consequences for fisheries. Recent work on hypoxia develops a bioeconomic model to harness microdata...
Persistent link: https://www.econbiz.de/10014042252
The emergence of ecosystem-based management suggests that traditional fisheries management and protection of environmental quality are increasingly interrelated. But fishery managers have limited control over most sources of marine and estuarine pollution and at best can only adapt to...
Persistent link: https://www.econbiz.de/10014042637