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A simple differential equation system describes the dynamics of a renewable resource coupled by a Cobb-Douglas production function to the capital invested in resource harvesting. This system can model fisheries which operate under open access. Significant resource depletion is shown to follow...
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In the past in Africa, state forest administration took nominal control of local forest management from rural populations. This control, based on a European concept of management, gradually deteriorated and the methods of classical forest management are no longer suited to existing conditions....
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