Bioeconomics: Nature as capital

Handbook on the Economics of Natural Resources

Volumn , Issue , 2014, Pages 166-205

  Fenichel, Eli P ^a   Gopalakrishnan, Sathya ^b   Bayasgalan, Onon ^a  

^a YALE UNIVERSITY   (United States)

^b OHIO STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84939928469     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.4337/9780857937568.00014     Document Type: Chapter

References (226)

1. Aadland, D. 2004. Cattle cycles, heterogeneous expectations and the age distribution of capital. Journal of Economic Dynamics and Control 28: 1977-2002.
2. Abbott, J.K. and E.P. Fenichel. 2013. Anticipating adaptation: an empirical economic approach for linking policy and stock status to recreational angler behavior. Canadian Journal of Fisheries and Aquatic Sciences 70: 1190-1208.
3. Abbott, J.K. and E.P. Fenichel. 2014. Following the golden rule: Negishi welfare weights without apology. Arizona State University & Yale University.
4. Abbott, J.K. and J.E. Wilen. 2009. Rent dissipation and efficient rationalization in for-hire recreational fishing. Journal of Environmental Economics and Management 58: 300-314.
5. Abbott, J.K. and J. Wilen. 2011. Dissecting the tragedy: a spatial model of behavior in the commons. Journal of Environmental Economics and Management 62: 386-401.
6. Adda, J. and R. Cooper. 2003. Dynamic Economics, Quantitative Methods plus Applications. Cambridge, MA: MIT Press.
7. Albers, H.J., C. Fischer and J.N. Sanchirico. 2010. Invasive species management in a spatially heterogeneous world: effects of uniform polices. Resource and Energy Economics 32: 483-499.
8. Ameden, H.A., P.C. Boxall, S.B. Cash and D.A. Vickers. 2009. An agent-based model of border enforcement for invasive species management. Canadian Journal of Agricultural Economics 57: 481-496.
9. Anderies, J.M., M.A. Janssen and B.H. Walker. 2002. Grazing management, resilience, and the dynamics of a fire-driven rangeland system. Ecosystems 5: 23-44.
10. Anderies, J.M., A.A. Rodriguez, M.A. Janssen and O. Cifdaloz. 2007. Pacaceas, uncertainty, and the robust control framework in sustainability science. Proceedings of the National Academy of Sciences 104: 15194-15199.
11. Andersen, P. and J.G. Sutinen. 1984. Stochastic bioeconomics: a review of basic methods and results. Marine Resource Economics 1: 117-136.
12. Anhanassaglou, S. and A. Xepapadeas. 2012. Pollution control with uncertain stock dynamics: when, and how, to be precautious. Journal of Environmental Economics and Management 63: 304-320.
13. Antonovics, J., A.J. McKane and T.J. Newman. 2006. Spatiotemporal dynamics in marginal populations. American Naturalist 167: 16-27.
14. Arrow, K., P. Dasgupta, L. Goulder, G. Daily, P. Ehrlich, G. Heal, S. Levin, K.-G. Maler, S. Schneider, D. Starrett and B. Walker. 2004. Are we consuming too much? Journal of Economic Perspectives 18: 147-172.
15. Arrow, K.J., P. Dasgupta, L.H. Goulder, K.J. Mumford and K. Oleson. 2012. Sustainability and the measurement of wealth. Environmental and Development Economics 17: 317-353.
16. Arrow, K.J., P. Dasgupta and K.-G. Maler. 2003. Evaluating projects and assessing sustainable development in imperfect economies. Environmental and Resource Economics 26: 647-685.
17. Auld, M.C. 2003. Choice, beliefs, and infectious disease dynamics. Journal of Health Economics 22: 361-377.
18. Baerenklau, K.A. and B. Provencher. 2005. Static modeling of dynamic recreation behavior: implications for prediction and welfare estimation. Journal of Environmental Economics and Management 50: 617-636.
19. Balikcioglu, M., P.L. Fackler and R.S. Pindyck. 2011. Solving optimal timing problems in environmental economics. Resource and Energy Economics 33: 761-768.
20. Barbier, E.B. 2003. Habitat-fishery linkages and mangrove loss in Thailand. Contemporary Economic Policy 21: 59-77.
21. Barbier, E.B. 2007. Valuing ecosystem services as productive inputs. Economic Policy 49: 178-229.
22. Barbier, E.B. 2011. Pricing nature. Annual Review of Resource Economics 3: 337-353.
23. Barbier, E.B., E.W. Koch, B.R. Silliman, S.D. Hacker, E. Wolanski, J. Primavera, E.F. Granek, S. Polasky, S. Aswani, L.A. Cramer, D.M. Stoms, C.J. Kennedy, David Bael, C.V. Kappel, G.M.E. Perillo and D.J. Reed. 2008. Coastal ecosystem-based management with nonlinear ecological functions and values. Science 319: 321-323.
24. Barrett, S. and M. Hoel. 2007. Optimal disease eradication. Environmental and Development Economics 12: 627-652.
25. Batabyal, A.A., J.R. Kahn, and R.V. O'Neill. 2003. On the scarcity value of ecosystem services. Journal of Environmental Economics and Management 46: 334-352.
26. Beisner, B.E., D.T. Haydon and K. Cuddington. 2003. Alternative stable states in ecology. Frontiers in Ecology and the Environment 1: 376-382.
27. Beyn, W.-J., T. Pampel and W. Semmler. 2001. Dynamic optimization and Skiba sets in economic examples. Optimal Control Applications and Methods 22: 251-380.
28. Bond, C.A. 2010. On the potential use of adaptive control methods for improving adaptive natural resource management. Optimal Control Applications and Methods 31: 55-66.
29. Bond, C.A. and J.B. Loomis. 2009. Using numerical dynamic programming to compare passive and active learning in the adaptive management of nutrients in shallow lakes. Canadian Journal of Agricultural Economics 57: 555-573.
30. Boyce, J.R. 2004. Instrument choice in a fishery. Journal of Environmental Economics and Management 47: 183-206.
31. Boyd, J. and S. Banzhaf. 2007. What are ecosystem services? The need for standardized environmental accounting units. Ecological Economics 63: 616-626.
32. Brander, J.A. and M.S. Taylor. 1998. The simple economics of Easter Island: A Ricardo- Malthus model of renewable resource use. American Economic Review 88: 119-138.
33. Brekke, K.A. and B. Oksendal. 1994. Optimal switching in an economic activity under uncertainty. SIAM Journal of Control and Optimization 32: 1021-1036.
34. Brock, W.A. and D. Starrett. 2003. Managing systems with non-convex positive feedback. Environmental and Resource Economics 26: 575-602.
35. Brock, W. and A. Xepapadeas. 2002. Optimal ecosystem management when species compete for limiting resources. Journal of Environmental Economics and Management 44: 189-220.
36. Brock, W.A. and A. Xepapadeas. 2003. Valuing biodiversity from an economic perspective: a unified economic, ecological, and genetic approach. American Economic Review 93: 1597-1614.
37. Brock, W.A. and A. Xepapadeas. 2008. Diffusion-induced instability and pattern formation in infinite horizon recursive optimal control. Journal of Economic Dynamics and Control 32: 2745-2787.
38. Brock, W.A. and A. Xepapadeas. 2010. Pattern formation, spatial externalities and regulation in coupled economic-ecological systems. Journal of Environmental Economics and Management 59: 149-164.
39. Brown, G.M. 2000. Renewable natural resource management use without markets. Journal of Economic Literature 38: 875-914.
40. Brown, G., B. Berger and M. Ikiara. 2005. A predator-prey model with an application to Lake Victoria fisheries. Marine Resource Economics 20: 221-248.
41. Brown, G., T. Patterson and N. Cain. 2011. The devil in the details: non-convexities in ecosystem service provision. Resource and Energy Economics 33: 355-365.
42. Bryson, A.E. and Y.C. Ho. 1975. Applied Optimal Control: Optimization, Estimation, and Control. New York: Hemisphere Publishing.
43. Bulte, E.H. and R. Damania. 2003. Managing ecologically interdependent species. Natural Resource Modeling 16: 21-37.
44. Bulte, E.H. and G.C. Van Kooten. 1999. Metapopulation dynamics and stochastic bioeconomic modeling. Ecological Economics 30: 293-299.
45. Caputo, M.R. 2003. The comparative dynamics of closed-loop controls for discounted infinite horizon optimal control problems. Journal of Economic Dynamics and Control 27: 1335-1365.
46. Caputo, M.R. 2005. Foundations of Dynamic Economic Analysis: Optimal Control Theory and Applications. New York: Cambridge University Press.
47. Carpenter, S.R. and W.A. Brock. 2004. Spatial complexity, resilience, and policy diversity: fishing on lake-rich landscapes. Ecology and Society 9: 8.
48. Carpenter, S.R., W.A. Brock and D. Ludwig. 2007. Appropriate discounting lead to forward-looking ecosystem management. Ecological Research 22: 10-11.
49. Carpenter, S.R., D. Ludwig and W.A. Brock. 1999. Management of eutrophication for lakes subject to potentially irreversible change. Ecological Applications 9: 751-771.
50. Carson, R.T., C.W.J. Granger, J.B.C. Jackson and W. Schlenker. 2009. Fisheries management under cyclical population dynamics. Environmental and Resource Economics 43: 379-410.
51. Caulkins, J.P., G. Feichtinger, D. Grass, and G. Tragler. 2009. Optimal control of terrorism and global reputation: a case study with novel threshold behavior. Operations Research Letters 27: 387-391.
52. Ceddia, M.G. 2012. Optimal disease eradication in sympatric metapopulations. Environmental and Resource Economics 52: 499-530.
53. Chen, F.H. 2004. Rational behavioral response and the transmission of STDs. Theoretical Population Biology 66: 307-316.
54. Chen, P. 2002. Microfoundations of macroeconomic fluctuations and the laws of probability theory: the principle of large numbers versus rational expectations arbitrage. Journal of Economic Behavior and Organization 49: 327-344.
55. Clark, C.W. 2005. Mathematical Bioeconomics: The Optimal Management of Renewable Resources, 2nd edn. Hoboken, NJ: John Wiley & Sons.
56. Clark, C.W., F.H. Clarke and G.R. Munro. 1979. The optimal exploitation of renewable resource stocks: problems of irreversible investment. Econometrica 47: 25-47.
57. Conrad, J.M. 2000. Wilderness: options to preserve, extract, or develop. Resource and Energy Economics 22: 205-219.
58. Conrad, J.M. and C.W. Clark. 1987. Natural Resource Economics Notes and Problems. New York: Cambridge University Press.
59. Costello, C., S.D. Gaines and J. Lynham. 2008. Can catch shares prevent fisheries collapse? Science 321: 1678-1681.
60. Costello, C. and S. Polasky. 2008. Optimal harvesting of stochastic spatial resources. Journal of Environmental Economics and Management 56: 1-18.
61. Couture, S. and A. Reynaud. 2011. Forest management under fire risk when forest carbon sequestration has value. Ecological Economics 70: 2002-2011.
62. Crawley, M.J. 2007. Plant population dynamics. In R.M. May and A. McLean (eds), Theoretical Ecology Principles and Applications. New York: Oxford University Press, pp. 62-83.
63. Crepin, A. 2003. Multiple species boreal forest - what Faustmann missed. Environmental and Resource Economics 26: 625-646.
64. Crepin, A. 2007. Using fast and slow processes to manage resources with thresholds. Environmental and Resource Economics 36: 191-213.
65. Crocker, T.D. and J. Tschirhart. 1992. Ecosystems, externalities, and economies. Environmental and Resource Economics 2: 551-567.
66. Daily, G.C., S. Polasky, J. Goldstein, P.M. Kareiva, H.A. Mooney, L. Pejchar, T.H. Ricketts, J. Salzman and R. Shallenberger. 2009. Ecosystem services in decision making. Frontiers in Ecology and the Environment 7: 21-28.
67. Daily, G., T. Soderqvist, S. Aniyar, K. Arrow, P. Dasgupta, P.R. Ehrlich, C. Folke, A. Jansson, B.-O. Jansson, N. Kautsky, S. Levin, J. Lubchenco, K.-G. Maler, D. Simpson, D. Starrett, D. Tilman and B. Walker. 2000. The value of nature and the nature of value. Science 289: 395-396.
68. Dasgupta, P. 2007. Nature and the economy. Journal of Applied Ecology 44: 475-487.
69. Dasgupta, P. and K.G. Maler. 2003. The economics of non-convex ecosystems: introduction. Environmental and Resource Economics 26: 499-525.
70. Dennis, B. and G.P. Patil. 1984. The gamma distribution and weighted multimodal gamma distributions as models of population abundance. Mathematical Biosciences 68: 187-212.
71. Dichmont, C.M., A. Deng, A.E. Punt, N. Ellis, W.N. Venables, T. Kompas, Y. Ye, S. Zhou and J. Bishop. 2008. Beyond biological performance measures in management strategy evaluation: bringing in economics and the effects of trawling on the benthos. Fisheries Research 94: 238-250.
72. Dixit, A.K. and R.S. Pindyck. 1994. Investment under Uncertainty. Princeton, NJ: Princeton University Press.
73. Eggert, H. 1998. Bioeconomic analysis and management - the case of fisheries. Environmental and Resource Economics 11: 399-411.
74. Elser, J.J., I. Loladze, A.L. Pearce and Y. Kuang. 2012. Lotka re-loaded: modeling trophic interactions under stoichiometric constraints. Ecological Modelling 245: 3-11.
75. Epanchin-Niell, R.S. and A. Hastings. 2010. Controlling established invaders: integrating economics and spread dynamics to determine optimal management. Ecology Letters 13: 528-541.
76. Epanchin-Niell, R.S. and J.E. Wilen. 2012. Optimal spatial control of biological invasions. Journal of Environmental Economics and Management 63: 260-270.
77. Faustmann, M. 1849. Berechnung des Werthes, welchen Waldboden, sowie noch nicht haubare Holzbestande fur die Waldwirtschaft besitzen (Calculating the value, for forestry, of forestland and immature timber stocks). Allgemeine Forstund Jagdzeitung, transl. into English by W. Linnard and reprinted in Journal of Forest Economics 15: 7-44.
78. Fenichel, E.P. 2013. Economic considerations for social distancing and behavioral based policies during an epidemic. Journal of Health Economics 32: 440-451.
79. Fenichel, E.P. and J.K. Abbott. 2014a. Heterogeneity and the fragility of the first best: putting the 'micro' in bioeconomic models of recreational resources. Resource and Energy Economics 36: 351-369.
80. Fenichel, E.P. and J.K. Abbott. 2014b. Natural capital from metaphor to measurement. Journal of the Association of Environmental and Resource Economics 1: 1-27.
81. Fenichel, E.P., J.K. Abbott and B. Huang. 2013. Modelling angler behaviour as a part of the management system: synthesizing a multi-disciplinary literature. Fish and Fisheries 14: 137-157.
82. Fenichel, E.P., C. Castillo-Chavez, M.G. Ceddia, G. Chowell, P.A. Gonzalez Parra, G.J. Hickling, G. Holloway, R. Horan, B. Morin, C. Perrings, M. Springborn, L. Velazquez and C. Villalobos. 2011. Adaptive human behavior in epidemiological models. Proceedings of the National Academy of Sciences 108: 6306-6311.
83. Fenichel, E.P. and G.J.A. Hansen. 2010. The opportunity cost of information: an economic framework for understanding the balance between assessment and control in sea lamprey (Petromyzon marinus) management. Canadian Journal of Fisheries and Aquatic Sciences 67: 209-216.
84. Fenichel, E.P. and R.D. Horan. 2007a. Gender-based harvesting in wildlife disease management. American Journal of Agricultural Economics 89: 904-920.
85. Fenichel, E.P. and R.D. Horan. 2007b. Jointly-determined ecological thresholds and economic trade-offs in wildlife disease management. Natural Resource Modeling 20: 511-547.
86. Fenichel, E.P., R.D. Horan and J.R. Bence. 2010. Indirect management of invasive species with bio-control: a bioeconomic model of salmon and alewife in Lake Michigan. Resource and Energy Economics 32: 500-518.
87. Finnoff, D. and J. Tschirhart. 2008. Linking dynamic economic and ecological general equilibrium models. Resource and Energy Economics 30: 91-114.
88. Freeman, A.M.I. 2003. The Measurement of Environmental and Resource Values: Theory and Methods, 2nd edn. Washington, DC: Resources for the Future.
89. Galvani, A.P., T.C. Reluga and G.B. Chapman. 2007. Long-standing influenza vaccination policy is in accord with individual self-interest but not with the utilitarian optimum. Proceedings of the National Academy of Sciences 104: 5692-5697.
90. Gao, L. and A. Hailu. 2011. Evaluating the effects of area closure for recreational fishing in a coral reef ecosystem: the benefits of an integrated economic and biophysical modeling. Ecological Economics 70: 1735-1745.
91. Geoffard, P.-Y. and T. Philipson. 1996. Rational epidemics and their public control. International Economic Review 37: 603-624.
92. Gersovitz, M. 2011. The economics of infection control. Annual Review of Resource Economics 3: 277-296.
93. Gilboa, I. 2009. Theory of Decision under Uncertainty. New York: Cambridge University Press.
94. Gopalakrishnan, S., D.E. McNamara, M.D. Smith and A.B. Murray (n.d.). Decentralized management hinders climate adaptation: the beach nourishment dilemma. Working paper.
95. Gopalakrishnan, S., M.D. Smith, J.M. Slott and A.B. Murray. 2011. The value of disappearing beaches: a hedonic pricing model with endogenous beach width. Journal of Environmental Economics and Management 61: 297-310.
96. Gotelli, N. 2008. A Primer of Ecology. 4th edn. Sunderland, MA: Sinauer Associates.
97. Green, G.P. and D.L. Sunding. 2000. Designing environmental regulations with empirical miroparameter distributions: the case of seawater intrusion. Resource and Energy Economics 22: 63-78.
98. Grimsrud, K.M. and R. Huffaker. 2006. Solving multidimensional bioeconomic problems with singular-perturbation reduction methods: application to managing pest resistance to pesticidal crops. Journal of Environmental Economics and Management 51: 336-353.
99. Groffman, P.M., J.S. Baron, T. Blett, A.J. Gold, I. Goodman, L.H. Gunderson, B.M. Levinson, M.A. Palmer, H.W. Paerl, G.D. Peterson, N.L. Poff, D.W. Rejeski, J.F. Reynolds, M.G. Turner, K.C. Weathers and J. Wiens. 2006. Ecological thresholds: the key to successful environmental management or an important concept with no practical application? Ecosystems 9: 1-13.
100. Gutierrez, A.P. and U. Regev. 2005. The bioeconomics of tritrophic systems: application to invasive species. Ecological Economics 52: 383-396.
101. Hannesson, R. 1983. Optimal harvesting of ecologically interdependent fish species. Journal of Environmental Economics and Management 10: 329-345.
102. Hansen, G.J.A. and M.L. Jones. 2008. The value of information in fishery management. Fisheries 33: 340-348.
103. Hansen, L.P. and T.J. Sargent. 2008. Robustness. Princeton, NJ: Princeton University Press.
104. Hartwick, J.M. 2011. Green national income and green national product. Annual Review of Resource Economics 3: 21-35.
105. Heal, G. 2012. Reflections - defining and measuring sustainability. Review of Environmental Economics and Policy 6: 147-163.
106. Hennessy, D.A. 2007. Behavioral incentives, equilibrium endemic disease, and health managment policy for farmed animals. American Journal of Agricultural Economics 89: 698-711.
107. Hochman, E. and D. Zilberman. 1978. Examination of environmental policies using production and pollution microparameter distributions. Econometrica 46: 729-760.
108. Holling, C.S. and L.H. Gunderson. 2002. Panarchy. Washington, DC: Island Press.
109. Holmes, T.C., A.M. Liebhold, K.F. Kovacs and B. Von Holle. 2010. A spatial-dynamic value transfer model of economic losses from a biological invasion. Ecological Economics 70: 86-95.
110. Homans, F. and T. Horie. 2011. Optimal detection strategies for an established invasive pest. Ecological Economics 70: 1129-1138.
111. Homans, F.R. and J.E. Wilen. 1997. A model of regulated open access resource use. Journal of Environmental Economics and Management 32: 1-21.
112. Horan, R.D. and E.H. Bulte. 2004. Optimal and open access harvesting of multi-use species in a second-best world. Environmental and Resource Economics 28: 251-272.
113. Horan, R.D., E.P. Fenichel, K.L.S. Drury and D.M. Lodge. 2011a. Managing ecological thresholds in coupled environmental-human systems. Proceedings of the National Academy of Sciences 108: 7333-7338.
114. Horan, R.D., E.P. Fenichel and R.T. Melstrom. 2011b. Wildlife disease bioeconomics. International Review of Environmental and Resource Economics 5: 23-61.
115. Horan, R.D., E.P. Fenichel, C.A. Wolf and B.M. Gramig. 2010. Managing infectious animal disease systems. Annual Review of Resource Economics 2: 101-124.
116. Horan, R.D. and J.S. Shortle. 1999. Optimal management of multiple renewable resource stocks: an application to minke whales. Environmental and Resource Economics 13: 435-458.
117. Horan, R., J.S. Shortle and E.H. Bulte. 1999. Renewable resource policy when distributional impacts matter. Environmental and Resource Economics 14: 191-215.
118. Horan, R.D. and C.A. Wolf. 2005. The economics of managing infectious wildlife disease. American Journal of Agricultural Economics 87: 537-551.
119. Horan, R.D., C.A. Wolf, E.P. Fenichel and K.H.J. Mathews. 2005. Spatial management of wildlife disease. Review of Agricultural Economics 27: 483-490.
120. Horan, R.D., C.A. Wolf, E.P. Fenichel and K.H.J. Mathews. 2008. Joint management of wildlife and livestock disease. Environmental and Resource Economics 41: 47-70.
121. Howitt, R., S. Msangi, A. Reynaud and K. Knapp. 2002. Using polynomial approximations to solve stochastic dynamic programming problems: or a 'Betty Crocker' approach to SDP. Davis, CA: Department of Agricultural and Resource Economics, U.C. Davis.
122. Huang, L. and M.D. Smith (n.d.). The dynamic efficiency costs of common-pool resource exploitation. Working paper.
123. Janssen, M.A. 2008. Evolution of cooperation in a one-shot prisoner's dilemma based on recognition of trustworthy and untrustworthy agents. Journal of Economic Behavior and Organization 65: 458-471.
124. Just, R.E. and J.M. Antle. 1990. Interactions between agricultural and environmental policies: a conceptual framework. American Economic Review 80: 197-202.
125. Kellner, J.B., J.N. Sanchirico, A. Hastings and P.J. Mumby. 2011. Optimizing for multiple species and multiple values: tradeoffs inherent in ecosystem-based fisheries management. Conservation Letters 4: 21-30.
126. Kennedy, J.O.S. 1992. Optimal annual changes in harvests from multicohort fish stocks: the case of western mackerel. Marine Resource Economics 7: 95-114.
127. Kinzig, A.P., P. Ryan, M. Etienne, H. Allison, T. Elmqvist and B.H. Walker. 2006. Resilience and regime shifts: assessing cascading effects. Ecology and Society 11: 20.
128. Klein, E., R. Laxminarayan, D.L. Smith and C.A. Gilligan. 2007. Economic incentives and mathematical models of disease. Environmental and Development Economics 12: 707-732.
129. Kobayashi, M., R.E. Howitt, L.S. Jarvis and E.A. Laca. 2007. Stochastic rangeland use under capital constraints. American Journal of Agricultural Economics 89: 805-817.
130. Kokotovic, P.V. 1984. Applications of singular perturbation techniques to control problems. SIAM Review 26: 501-550.
131. Landry, C.E. and P. Hindsley. 2011. Valuing beach quality with hedonic property models. Land Economics 87: 92-108.
132. Lenhart, S.M. and M.G. Bhat. 1992. Application of distributed parameter control model in wildlife damage management. Mathematical Models and Methods in Applied Sciences 2: 423-439.
133. Lenton, T.M., H. Held, E. Kriegler, J.W. Hall, W. Lucht, S. Rahmstorf and H.J. Schellnhuber. 2008. Tipping elements in the Earth's climate system. Proceedings of the National Academy of Sciences 105: 1786-1793.
134. Leonard, D. and N. Van Long. 1998. Optimal Control Theory and Static Optimization in Economics. Cambridge: Cambridge University Press.
135. Levin, S.A. 1992. The problem of pattern and scale in ecology. Ecology 73: 1943-1967.
136. Lipsey, R.G. and K. Lancaster. 1956. The general theory of second best. Review of Economic Studies 24: 11-32.
137. Liski, M., P.M. Kort and A. Novak. 2001. Increasing returns and cycles in fishing. Resource and Energy Economics 23: 241-258.
138. Ludwig, D., S. Carpenter and W. Brock. 2003. Optimal phosphorus loading for a potentially eutrophic lake. Washington, DC: Ecological Society of America.
139. Ludwig, D., M. Mangel and B. Haddad. 2001. Ecology, conservation biology, and public policy. Annual Review of Ecology and Systematics 32: 481-517.
140. Maler, K.-G., A. Xepapadeas and A. De Zeeuw. 2003. The economics of shallow lakes. Environmental and Resource Economics 26: 603-624.
141. Mapstone, B.D., L.R. Little, A.E. Punt, C.R. Davies, A.D.M. Smith, F. Pantus, A.D. McDonald, A.J. Williams and A. Jones. 2008. Management strategy evaluation for line fishing in the Great Barrier Reef: balancing conservation and multi-sector fishery objectives. Fisheries Research 94: 315-329.
142. Marten, A.L. and C.C. Moore. 2011. An options based bioeconomic model for biological and chemical control of invasive species. Ecological Economics 70: 2050-2061.
143. Massey, D.M., S.C. Newbold and B. Gentner. 2006. Valuing water changes using a bioeconomic model of a coastal recreational fishery. Journal of Environmental Economics and Management 52: 482-500.
144. McNamara, D.E. and B.T. Werner. 2008. Coupled barrier island-resort model: 1. Emergent instabilities induced by strong human-landscape interactions. Journal of Geophysical Research 113.
145. Mehta, S.V., R.G. Haight, F.R. Homans, S. Polasky and R.C. Venette. 2007. Optimal detection and control strategies for invasive species management. Ecological Economics 61: 234-245.
146. Melstrom, R.T. and R.D. Horan. 2013. Managing excessive predation in a predator-endangered prey setting. Ecological Economics 90: 85-93.
147. Mendelsohn, R. and S. Olmstead. 2009. The economic valuation of environmental amenities and disamenities: methods and applications. Annual Review of Environment and Resources 34: 325-347.
148. Mensink, P. and T. Requate. 2005. The Dixit-Pindyck and the Arrow-Fisher-Hanemann- Henry option values are not equivalent: a note on Fisher (2000). Resource and Energy Economics 27: 83-88.
149. Mesterton-Gibbons, M. 1988. On the optimal policy for combining harvesting of predator and prey. Natural Resource Modeling 3: 63-90.
150. Millennium Ecosystem Assessment. 2005. Ecosystems and Human Well-Being: Synthesis. Washington, DC: Island Press.
151. Milner-Gulland, E.J. 2011. Integrating fisheries approaches and household utility models for improved resource management. Proceedings of the National Academy of Sciences 108: 1741-1746.
152. Miranda, M.J. and P.L. Fackler. 2002. Applied Computational Economics and Finance. Cambridge, MA: MIT Press.
153. Moxnes, E. 2003. Uncertain measurements of renewable resources: approximations, harvesting policies and value of accuracy. Journal of Environmental Economics and Management 45: 85-108.
154. Murray, B.A., S. Gopalakrishnan, D.E. McNamara and M.D. Smith. 2013. Progress in coupling models of human and coastal landscape change. Computers and Geosciences 53: 30-38.
155. Nee, S. 2007. Metapopulations and their spatial dynamics. In R. May and A. McLean (eds), Theoretical Ecology Principles and Applications. New York: Oxford University Press, pp.35-45.
156. Negishi, T. 1960. Welfare economics and the existence of an equilibrium for a competitive economy. Metroeconomica 12: 92-97.
157. Negishi, T. 1972. General Equilibrium Theory and International Trade. Amsterdam: North-Holland.
158. Newell, R.G. and W.A. Pizer. 2003. Discounting the distant future: how much do uncertain rates increase valuations? Journal of Environmental Economics and Management 46: 52-71.
159. Ostrom, E. 1990. Governing the Commons: The Evolution of Institutions for Collective Action. Political Economy of Institutions and Decisions. New York: Cambridge University Press,.
160. Parkhurst, G.M. and J.F. Shogren. 2007. Spatial incentive to coordinate contiguous habitat. Ecological Economics 64: 344-355.
161. Pindyck, R.S. 1984. Uncertainty in the theory of renewable resource markets. Review of Economic Studies 51: 289-303.
162. Pindyck, R.S. and D.L. Rubinfeld. 2001. Microeconomics, 5th edn. Upper Saddle River, NJ: Prentice Hall.
163. Polasky, S., A. De Zeeuw and F. Wagener. 2011. Optimal management with potential regime shifts. Journal of Environmental Economics and Management 62: 229-240.
164. Polasky, S. and K. Segerson. 2009. Integrating ecology economics in the study of ecosystem sevices: some lessons learned. Annual Review of Resource Economics 1: 409-134.
165. Potapov, A. 2009. Stochastic model of lake system invasion and its optimal control: neurodynamic programming as a solution method. Natural Resource Modeling 22: 257-288.
166. Powell, W.B. 2007. Approximate Dynamic Programming: Solving the Curses ofDimensionality. Hoboken, NJ: John Wiley & Son.
167. Powell, W.B. and I.O. Ryzhov. 2012. Optimal Learning. Hoboken, NJ: John Wiley & Son.
168. Quinn, T.J. and R.B. Deriso. 1999. Quantitative Fish Dynamics. New York: Oxford University Press.
169. Ragozin, D.L. and G. Brown. 1985. Harvest policies and nonmarket valuation in a predator-prey system. Journal of Environmental Economics and Management 12: 155-168.
170. Reed, W.J. 1989. Optimal investment in the protection of a vulnerable biological resource. Natural Resource Modeling 3: 463-480.
171. Reed, W.J. and H.E. Heras. 1992. The conservation and exploitation of vulnerable resources. Bulletin of Mathematical Biology 54: 185-207.
172. Reluga, T.C. 2010. Game theory of social distancing in response to an epidemic PLoS Computational Biology 6: e1000793.
173. Richards, T.J., P. Ellsworth, R. Tronstad and S. Naranjo. 2010. Market-based instruments for the optimal control of invasive insect species: B. Tabaci in Arizona. Journal of Agricultural and Resource Economics 34: 349-367.
174. Rockstrom, J., W. Steffen, K. Noone, A. Persson, F.S.I. Chapin, E.F. Lambin, T.M. Lenton, M. Scheffer, C. Folke, H.J. Schllnhuber, B. Nykvist, C.A. de Wil, S. van der Leeuw, H. Rodhe, S. Sorlin, P.K. Snyder, R. Costanza, U. Svedin, M. Falkenmark, L. Karlberg, R.W. Corell, V. Fabry, J. Hansen, B. Walker, D. Liverman, K. Richardson, P. Crutzen and J.A. Foley. 2009. A safe operating space for humanity. Nature 461: 472-475.
175. Rodriguez, A.A., O. Cifdaloz, J.M. Anderies, M.A. Janssen and J. Dickeson. 2010. Confronting management challenges in highly uncertain natural resource systems: a robustness-vulnerability trade-off approach. Environmental Modeling and Assessment 16: 15-36.
176. Rondeau, D. 2001. Along the way back from the brink. Journal of Environmental Economics and Management 42: 156-182.
177. Sainsbury, K.J., A.E. Punt and A.D.M. Smith. 2000. Design of operational management strategies for achieving fishery ecosystem objectives. ICES Journal of Marine Science 57: 731-741.
178. Sanchirico, J.N., U. Malvadkar, A. Hastings and J.E. Wilen. 2006. When are no-take zones an economically optimal fishery management strategy? Ecological Applications 16: 1643-1659.
179. Sanchirico, J.N. and M. Springborn. 2011. How to get there from here: ecological and economic dynamics of ecosystem service provision. Environmental and Resource Economics 48: 243-267.
180. Sanchirico, J.N. and J.E. Wilen. 2001. Dynamics of spatial exploitation: a metapopulation approach. Natural Resource Modeling 14: 391-409.
181. Saphores, J.-D.M. 2000. The economic threshold with a stochastic pest population: a real options approach. American Journal of Agricultural Economics 82: 541-555.
182. Scheffer, M. and S.R. Carpenter. 2003. Catastrophic regime shifts in ecosystems: linking theory to observation. TRENDS in Ecology and Evolution 18: 648-656.
183. Sethi, G., C. Costello, A. Fisher, M. Hanemann and L. Karp. 2005. Fishery management under multiple uncertainty. Journal of Environmental Economics and Management 50: 300-318.
184. Settle, C., T.D. Crocker, and J.F. Shogren. 2002. On the joint determination of biological and economic systems. Ecological Economics 42: 301-311.
185. Sharov, A.A. 2004. Bioeconomics of managing the spread of exotic pest species with barrier zones. Risk Analysis 24: 879-892.
186. Sharov, A.A. and A.M. Liebhold. 1998. Bioeconomics of managing the spread of exotic pest species with barrier zones. Ecological Applications 8: 833-845.
187. Shogren, J.F., D. Finnoff, C. McIntosh and C. Settle. 2006. Integration-valuation nexus in invasive species policy. Agricultural and Resource Economics Review 35: 11-20.
188. Shogren, J.F., J. Tschirhart, T. Anderson, A.W. Ando, S.R. Beissinger, D. Brookshire, G.M. Brown, D. Coursey, R. Innes, S.M. Meyer and S. Polasky. 1999. Why economics matters for endangered species protection. Conservation Biology 13: 1257-1261.
189. Sims, C. and D. Finnoff. 2012. The role of spatial scale in the timing of uncertain environmental policy. Journal of Economic Dynamics and Control 36: 369-382.
190. Skiba, A.K. 1978. Optimal growth with convex-concave production function. Econometrica 46: 527-539.
191. Slott, J.M., M.D. Smith and A.B. Murray. 2008. Synergies between adjacent beach-nourishing communities in a morpho-economic coupled coastline model. Journal of Coastal Management 36: 374-391.
192. Smith, M.D. 2002. Marine reserves with endogenous ports: empirical bioeconomics of the California sea urchin fishery. Land Economics 78: 522-538.
193. Smith, M.D. 2008. Bioeconometrics: empirical modeling of bioeconomic systems. Marine Resource Economics 23: 1-23.
194. Smith, M.D. 2012. The new fisheries economics: incentives across many margins. Annual Review of Resource Economics 4: 379-402.
195. Smith, M.D., J.N. Sanchirico and J.E. Wilen. 2009a. The economics of spatial-dynamic processes: applications to renewable resources. Journal of Environmental Economics and Management 57: 104-121.
196. Smith, M.D., J.M. Slott, D. McNamara and A.B. Murray. 2009b. Beach nourishment as a dynamic capital accumulation problem. Journal of Environmental Economics and Management 58: 58-71.
197. Smith, M.D., J.J. Zhang and F.C. Coleman. 2008. Econometric modeling of fisheries with complex life histories: avoiding biological management failures. Journal of Environmental Economics and Management 55: 265-280.
198. Starrett, D.A. 1972. Fundamental noncovexities in the theory of externalities. Journal of Economic Theory 4: 180-199.
199. Swallow, S.K. 1990. Depletion of the environmental basis for renewable resources: the economics of interdependent renewable and nonrenewable resources. Journal of Environmental Economics and Management 19: 281-296.
200. Tahvonen, O. 2009a. Economics of harvesting age-structured fish populations. Journal of Environmental Economics and Management 58: 281-299.
201. Tahvonen, O. 2009b. Optimal harvesting of age-structured fish populations. Marine Resource Economics 24: 147-169.
202. Tahvonen, O. and S. Salo. 1996. Nonconvexities in optimal pollution accumulation. Journal of Environmental Economics and Management 31: 160-177.
203. Touza, J., M. Drechsler, J.C.R. Smart and M. Termansen. 2013. Emergence of cooperative behaviours in the management of mobile ecological resources. Environmental Modelling and Software 45: 52-63.
204. Tschirhart, J. 2000. General equilibrium of an ecosystem. Journal of Theoretical Biology 203: 13-32.
205. Tschirhart, J. 2004. A new adaptive system approach to predator-prey modeling. Ecological Modelling 176: 255-276.
206. Tschirhart, J. 2009. Integrated ecological-economic models. Annual Review of Resource Economics 1: 381-407.
207. Tschirhart, J. 2012. Biology as a source of non-convexities in ecological production functions. Environmental and Resource Economics 51: 189-213.
208. Turner, M.A. 1996. Value-based ITQ's. Marine Resource Economics 11: 59-69.
209. Turner, M.A. 1997. Quota-induced discarding in heterogeneous fisheries. Journal of Environmental Economics and Management 33: 186-195.
210. Turner, R.K. and G.C. Daily. 2008. The ecosystem services framework and natural capital conservation. Environmental and Resource Economics 39: 25-35.
211. Varian, H.R. 1992. Microeconomic Analysis, 3rd edn. New York: W.W. Norton & Company.
212. Veliov, V.M. 2005. On the effect of population heterogeneity on dynamics of epidemic diseases. Journal of Mathematical Biology 51: 123-143.
213. Veliov, V.M. 2008. Optimal control of heterogeneous systems: basic theory. Journal of Mathematical Analysis and Applications 346: 227-242.
214. Volz, E.M., J.C. Miller, A. Galvani and L.A. Meyers. 2011. Effects of heterogeneous and clustered contact patterns on infectious disease dynamics. PLoS Computational Biology 7:e1002042.
215. Wagener, F.O.O. 2003. Skiba points and hetercolinic bifurcations, with applications to the shallow lake system. Journal of Economic Dynamics and Control 27: 1533-1561.
216. Walters, C. 2002. Adaptive Management of Renewable Resources. Caldwell, NJ: Blackburn Press.
217. Walther, G.-R., E. Post, P. Convey, A. Menzel, C. Parmesan, T.J.C. Beebee, J.-M. Fromentin, O. Hoegu-Guldberg and F. Bairlein. 2002. Ecological responses to recent climate change. Nature 416: 389-395.
218. Weitzman, M.L. 1976. On the welfare significance of national product in a dynamic economy. Quarterly Journal of Economics 90: 156-162.
219. Wilen, J.E. 1985. Bioeconomics of renewable resource use. In A.V. Kneese and J.L. Sweeney (eds), Handbook of Natural Resource and Energy Economics. New York: North-Holland, pp. 61-124.
220. Wilen, J.E., M.D. Smith, D. Lockwood and L.W. Botsford. 2002. Avoiding surprises: incorporating fisherman behavior into management models. Bulletin of Marine Science 70: 553-575.
221. Wirl, F. 1995. The cyclical exploitation of renewable resource stocks may be optimal. Journal of Environmental Economics and Management 29: 252-261.
222. Worm, B., E.B. Barbier, N. Beaumont, J.E. Duffy, C. Folke, B.S. Halpern, J.B.C. Jackson, H.K. Lotze, F. Micheli, S.R. Palumbi, E. Sala, K.A. Selkoe, J.J. Stachowicz and R. Watson. 2006. Impacts of biodiversity loss on ocean ecosystem services. Science 314: 787-790.
223. Xepapadeas, A. 2010. The spatial dimension in environmental and resource economics. Environmental and Development Economics 15: 747-758.
224. Yoshida, T., L.E. Jones, S.P. Ellner, G.F. Fussmann and N.G.J. Hairston. 2003. Rapid evolution drives ecological dynamics in a predator-prey system. Nature 424: 303-306.
225. Zhang, J. and M.D. Smith. 2011. Estimation of a generalized fishery model: a two-stage approach. Review of Economics and Statistics 93: 690-699.
226. Zivin, J., B.M. Hueth and D. Zilberman. 2000. Managing a multiple-use resource: the case of feral pig management in California rangeland. Journal of Environmental Economics and Management 39: 189-204.