A feedback model for the optimal management of renewable natural capital stocks

Canadian Journal of Fisheries and Aquatic Sciences

Volumn 54, Issue 11, 1997, Pages 2475-2482

  Sandal, Leif K ^a   Steinshamn, Stein I ^a  

^a NORWEGIAN SCHOOL OF ECONOMICS   (Norway)

Author keywords

[No Author keywords available]

Indexed keywords

PERTURBATION THEORY; RESOURCE MANAGEMENT; RESROUCE MANAGEMENT; SUSTAINABILE MANAGEMENT; SUSTAINABLE MANAGEMENT;

EID: 0031421044     PISSN: 0706652X     EISSN: None     Source Type: Journal    
DOI: 10.1139/f97-175     Document Type: Article

References (15)

1. Clark, C.W. 1990. Mathematical bioeconomics. John Wiley & Sons, Inc., New York.
2. Clark, C.W., and Munro, G.R. 1975. Economics of fishing and modern capital theory: a simplified approach. J. Environ. Econ. Manage. 2: 92-106.
3. Conrad, J.M., and Clark, C.W. 1987. Natural resource economics: notes and problems. Cambridge University Press, Cambridge, Mass.
4. Dasgupta, P. 1990. The environment as a commodity. Oxf. Rev. Econ. Policy, 6: 51-67.
5. Feder, E. 1977. Agribusiness and the elimination of Latin America's rural proletariat. World Dev. 5: 559-571.
6. Fisher, A.C. 1988. Key aspects of species extinction: habitat loss and overexploitation. In Environmental resource and applied welfare economics. Edited by V. Kerry Smith. Resources for the Future, Washington D.C.
7. Hannesson, R. 1983. Optimal harvesting of ecologically interdependent fish species. J. Environ. Econ. Manage. 10: 329-345.
8. Howarth, R.B., and Norgaard, R.B. 1995. Intergenerational choices under global environmental change. In The handbook of environmental economics. Edited by D.W. Bromley. Basil Blackwell, Oxford, U.K.
9. Hilbom, R., and Walters, C.J. 1992. Quantitative fisheries stock assessment: choice, dynamics and uncertainty. Chapman and Hall, New York. pp. 487-493.
10. Hutchings, J.A., and Myers, R.A. 1994. What can be learned from the collapse of a renewable resource? Atlantic cod, Gadhus morhua, of Newfoundland and Labrador. Can. J. Fish. Aquat. Sci. 51: 2126-2146.
11. Mendelssohn, R. 1982. Discount factors and risk aversion in managing random fish populations. Can. J. Fish. Aquat. Sci. 39: 1252-1257.
12. Panayotou, T. 1993. Green markets: the economics of sustainable development. Institute for Contemporary Studies, San Francisco, Calif.
13. Samuelson, P.A. 1965. A catenary turnpike theorem involving consumption and the golden rule. Am. Econ. Rev. 55:486-496.
14. Sandal, L.K., and Steinshamn, S.I. 1997. Optimal steady states and the effects of discounting. Mar. Resour. Econ. 12: 95-105.
15. Scott, A.D. 1985. Property rights: developing characteristics of interests in natural resources. In Progress in natural resource economics. Edited by A.D. Scott. Clarendon Press, Oxford, U.K.