Acknowledgments -- Introduction -- Introduction to dynamic and stochastic resource economics : essays on biodiversity, invasive species, joint systems, and regulation -- Natural resource management -- On some aspects of the management of a stochastically developing forest -- On the choice...

Significant advances have now occurred in the theoretical and in the empirical knowledge-base of researchers studying problems in natural resource and environmental economics. This has been accompanied by the utilization of many and varied research tools. These developments notwithstanding,...

This paper addresses the following hitherto unstudied question in renewable resource management: How should a resource manager set the temporal control optimally for renewable resources such as rangelands and fisheries that are managed with spatial and temporal controls? We use a dynamic and...

This paper addresses the following hitherto unstudied question in renewable resource management: How should a resource manager set the temporal control optimally for renewable resources such as rangelands and fisheries that are managed with spatial and temporal controls? We use a dynamic and...

This paper provides a theoretical analysis of the effects of temporal controls on the stochastic behavior of renewable natural resources such as fisheries and rangelands. First, we show that temporal resource management is characterized by the existence of a threshold effect. Second, we point...

Significant advances have now occurred in the theoretical and in the empirical knowledge-base of researchers studying problems in natural resource and environmental economics. This has been accompanied by the utilization of many and varied research tools. These developments notwithstanding,...

This article provides a theoretical study of temporal restrictions in the context of natural resource management in North America. The economic inefficiencies arising from the use of temporal restrictions to protect natural resources have been well documented by researchers. We first demonstrate...