Showing 1 - 8 of 8
A canvass of the resource economics literature of the last thirty years yields a limited number of applications of economic theory to the problems of recreational fishing, especially compared to the depth of contributions to commercial fisheries over this era. This neglect may be linked to the...
Persistent link: https://www.econbiz.de/10009443232
We develop a simple game-theoretic model to explain the production decisions of firms when the production of a marketed good is complementary with the output of an associated good for which no market is available and the output of both goods is regulated by exogenously determined common pool...
Persistent link: https://www.econbiz.de/10009444286
This paper develops a single-season dynamic game between fishermen and regulators. Fishermen maximize the NPV of profits by their location choice in a system with congestion, adjustment costs, and adaptive, quota-driven, site closures. Simulation results reveal feedbacks between site-choice and...
Persistent link: https://www.econbiz.de/10005338315
A canvass of the resource economics literature of the last thirty years yields a limited number of applications of economic theory to the problems of recreational fishing, especially compared to the depth of contributions to commercial fisheries over this era. This neglect may be linked to the...
Persistent link: https://www.econbiz.de/10005804686
We develop a simple game-theoretic model to explain the production decisions of firms when the production of a marketed good is complementary with the output of an associated good for which no market is available and the output of both goods is regulated by exogenously determined common pool...
Persistent link: https://www.econbiz.de/10005804882
Urban lakes located in arid environments require large quantities of water to maintain their water levels, with much of this water associated with high opportunity costs. Many of these lakes are manmade and provide various amenities to surrounding residents. In this paper we use matching...
Persistent link: https://www.econbiz.de/10009021511
Infected wildlife cannot be selectively harvested for most diseases, complicating disease control. Targeting harvests by sex improves efficiency because disease transmission and prevalence usually vary by sex. We present a bioeconomic model of optimal deer and disease management that...
Persistent link: https://www.econbiz.de/10005338304
Second-best management affects different agent types differently, and heterogeneity among agents may create instances when only second best management is feasible. Capital-theoretic bioeconomic modeling often has imposed representative agent assumptions that may not capture this heterogeneity....
Persistent link: https://www.econbiz.de/10005060394