Fisheries management with stock growth uncertainty and costly capital adjustment

DOI10.1016/J.JEEM.2006.02.006MaRDI QIDQ856659zbMATH OpenOpenAlexFDO

Authors Rajesh Singh, Quinn Weninger, Matthew Doyle

Publication date 7 December 2006

Published in Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL https://lib.dr.iastate.edu/econ_las_pubs/93

zbMATH Keywords

stochastic growthcostly capital adjustmentpacific halibut fishery

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62) Stochastic models in economics (91B70)

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Cited in

(14)

• Time consuming resource extraction in an overlapping generations economy with capital
• SUSTAINABLE YIELDS IN FISHERIES: UNCERTAINTY, RISK-AVERSION, AND MEAN-VARIANCE ANALYSIS
• Growth and measurement uncertainty in an unregulated fishery
• Renewable resource management with stochastic recharge and environmental threats
• Optimal costless extraction rate changes from a non-renewable resource
• Bioeconomies of scope and the discard problem in multiple-species fisheries
• Implications of policy adjustment costs for fisheries management
• A qualitative dynamical modelling approach to capital accumulation in unregulated fisheries
• A STATE SPACE BIOECONOMIC MODEL OF PACIFIC HALIBUT
• Fishery management under multiple uncertainty
• Fishery management in a regime switching environment: utility theory approach
• Optimal fishery policy: An equilibrium solution with irreversible investment
• Layoff costs and underutilization of labour in fisheries
• Stochastic optimization for multispecies fisheries in the barents sea

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