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A biomass model of a wild salmon (Salmo salar) river recreationalfishery is formulated, and the ways in which economic and biological conditionsinfluence harvesting, stock size, profitability, and the benefit of the anglers arestudied. The demand for recreational angling is met by fishing...
Persistent link: https://www.econbiz.de/10009446447
Ecologists and economists both use models to help develop strategies for biodiversity management. The practical use of disciplinary models, however, can be limited because ecological models tend not to address the socioeconomic dimension of biodiversity management, whereas economic models tend...
Persistent link: https://www.econbiz.de/10009447883
The paper analyzes the exploitation of a local common where the behavior is steered by altruism rooted in social norms. The analysis is illustrated by using the Gordon-Schäfer model of a fishery. We start by reviewing the standard results when all exploiters are purely egoists; i.e., when own...
Persistent link: https://www.econbiz.de/10009444228