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Most bioeconomic models of efficient renewable resource management are constructed for a single harvesting ground. A bioeconomic model is developed in this paper to study the optimal management of renewable resources that are found in spatially distinct harvesting grounds. The model is applied...
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revised. Implicitly, the possibility of data revisions creates an element of uncertainty around the very same data driving … policy decisions. Given that such uncertainty could be mitigated if data revisions were predictable, this paper sets out to …, contemporaneous and (forecasted) future Maltese output data could be interpreted in real time. The uncertainty surrounding these …
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the question of how one should measure vulnerability to shocks, when there is uncertainty concerning the productivity of …
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