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Optimal escapement levels in stochastic and deterministic harvesting models

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  1. Ho Geun Jang & Satoshi Yamazaki & Eriko Hoshino, 2019. "Profit and equity trade‐offs in the management of small pelagic fisheries: the case of the Japanese sardine fishery," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(3), pages 549-574, July.
  2. Vincent Martinet & Michel de Lara & Julio Peña & Héctor Ramirez, 2010. "Evaluation of Management Procedures: Application to Chilean Jack Mackerel Fishery," ILADES-UAH Working Papers inv255, Universidad Alberto Hurtado/School of Economics and Business.
  3. do Val, J.B.R. & Guillotreau, P. & Vallée, T., 2019. "Fishery management under poorly known dynamics," European Journal of Operational Research, Elsevier, vol. 279(1), pages 242-257.
  4. Kulmala, Soile & Laukkanen, Marita & Michielsens, Catherine, 2008. "Reconciling economic and biological modeling of migratory fish stocks: Optimal management of the Atlantic salmon fishery in the Baltic Sea," Ecological Economics, Elsevier, vol. 64(4), pages 716-728, February.
  5. Thomas, Timothy S., 1999. "Transformation Of Fallow Systems Under Population Pressure," 1999 Annual meeting, August 8-11, Nashville, TN 21603, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  6. Quérou, Nicolas & Tomini, Agnes & Costello, Christopher, 2022. "Limited‐tenure concessions for collective goods," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
  7. Singh, Rajesh & Weninger, Quinn & Doyle, Matthew, 2006. "Fisheries management with stock growth uncertainty and costly capital adjustment," Journal of Environmental Economics and Management, Elsevier, vol. 52(2), pages 582-599, September.
  8. Koji Kotani & Makoto Kakinaka & Hiroyuki Matsuda, 2008. "Optimal escapement levels on renewable resource management under process uncertainty: some implications of convex unit harvest cost," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 9(2), pages 107-118, June.
  9. Hansen, Lars Gårn & Jensen, Frank, 2017. "Regulating fisheries under uncertainty," Resource and Energy Economics, Elsevier, vol. 50(C), pages 164-177.
  10. Tahvonen, Olli, 2009. "Economics of harvesting age-structured fish populations," Journal of Environmental Economics and Management, Elsevier, vol. 58(3), pages 281-299, November.
  11. Costello, Christopher & Quérou, Nicolas & Tomini, Agnes, 2015. "Partial enclosure of the commons," Journal of Public Economics, Elsevier, vol. 121(C), pages 69-78.
  12. Hiroyuki Matsuda & Atsushi Yamauchi & Yoshiharu Matsumiya & Takashi Yamakawa, 1999. "Reproductive value, harvest value, and impact multiplier as indicators for maximum sustainable fisheries," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 2(2), pages 129-146, June.
  13. Conrad, Jon M. & Lopez, Andres & Bjorndal, Trond, 1998. "Fishery Management: The Consequences of Honest Mistakes in a Stochastic Environment," Working Papers 179337, Cornell University, Department of Applied Economics and Management.
  14. Christopher Costello & Bruno Nkuiya & Nicolas Querou, 2017. "Extracting spatial resources under possible regime shift," Working Papers hal-01615939, HAL.
  15. Sethi, Gautam & Costello, Christopher & Fisher, Anthony & Hanemann, Michael & Karp, Larry, 2005. "Fishery management under multiple uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 50(2), pages 300-318, September.
  16. Tahvonen, Olli & Quaas, Martin F. & Voss, Rüdiger, 2018. "Harvesting selectivity and stochastic recruitment in economic models of age-structured fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 659-676.
  17. Maroto, Jose M. & Moran, Manuel, 2014. "Detecting the presence of depensation in collapsed fisheries: The case of the Northern cod stock," Ecological Economics, Elsevier, vol. 97(C), pages 101-109.
  18. Laukkanen, Marita, 2003. "Cooperative and non-cooperative harvesting in a stochastic sequential fishery," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 454-473, March.
  19. Donovan, Pierce & Springborn, Michael, 2022. "Balancing conservation and commerce: A shadow value viability approach for governing bycatch," Journal of Environmental Economics and Management, Elsevier, vol. 114(C).
  20. Vincent Martinet & Michel de Lara & Julio Peña-Torres & Héctor Ramírez Cabrera, 2012. "Risk and Sustainability: Assessing Fisheries Management Strategies," Working Papers hal-04141121, HAL.
  21. José Da Rocha & María Gutiérrez, 2012. "Endogenous Fishery Management in a Stochastic Model: Why Do Fishery Agencies Use TACs Along with Fishing Periods?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(1), pages 25-59, September.
  22. Miller, Steve, 2020. "Causal forest estimation of heterogeneous and time-varying environmental policy effects," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).
  23. Kotani, Koji & Ishii, Hiromasa & Matsuda, Hiroyuki & Tohru, Ikeda, 2007. "Invasive species management in two-patch environments: Agricultural damage control in the raccoon (procyon lotor) problem, Hokkaido, Japan," MPRA Paper 23438, University Library of Munich, Germany.
  24. Sloggy, Matthew R. & Kling, David M. & Plantinga, Andrew J., 2020. "Measure twice, cut once: Optimal inventory and harvest under volume uncertainty and stochastic price dynamics," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).
  25. Quaas, Martin F. & van Soest, Daan & Baumgärtner, Stefan, 2013. "Complementarity, impatience, and the resilience of natural-resource-dependent economies," Journal of Environmental Economics and Management, Elsevier, vol. 66(1), pages 15-32.
  26. Jon Olaf Olaussen, 2006. "Playing Chicken with Salmon," Working Paper Series 7406, Department of Economics, Norwegian University of Science and Technology.
  27. Sanchirico, James N. & Smith, Martin D. & Lipton, Douglas W., 2008. "An empirical approach to ecosystem-based fishery management," Ecological Economics, Elsevier, vol. 64(3), pages 586-596, January.
  28. Sareh Vosooghi, 2019. "Panic-Based Overfishing in Transboundary Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1287-1313, August.
  29. Kelsall, Claudia & Quaas, Martin F. & Quérou, Nicolas, 2023. "Risk aversion in renewable resource harvesting," Journal of Environmental Economics and Management, Elsevier, vol. 121(C).
  30. Christopher Costello & Nicolas Querou & Agnès Tomini, 2014. "Spatial concessions with limited tenure," Post-Print hal-01123392, HAL.
  31. Noack,Frederik & Wunder,Sven & Angelsen,Arild & Börner,Jan, 2015. "Responses to weather and climate : a cross-section analysis of rural incomes," Policy Research Working Paper Series 7478, The World Bank.
  32. Quaas, Martin F. & Requate, Till & Ruckes, Kirsten & Skonhoft, Anders & Vestergaard, Niels & Voss, Rudi, 2013. "Incentives for optimal management of age-structured fish populations," Resource and Energy Economics, Elsevier, vol. 35(2), pages 113-134.
  33. Fishman, Ram & B Krishnamurthy, Chandra Kiran, 2021. "An ecological golden rule," Resource and Energy Economics, Elsevier, vol. 64(C).
  34. Armsworth, Paul R. & Kendall, Bruce E. & Davis, Frank W., 2004. "An introduction to biodiversity concepts for environmental economists," Resource and Energy Economics, Elsevier, vol. 26(2), pages 115-136, June.
  35. Moxnes, Erling, 2003. "Uncertain measurements of renewable resources: approximations, harvesting policies and value of accuracy," Journal of Environmental Economics and Management, Elsevier, vol. 45(1), pages 85-108, January.
  36. Richard Carson & Clive Granger & Jeremy Jackson & Wolfram Schlenker, 2009. "Fisheries Management Under Cyclical Population Dynamics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(3), pages 379-410, March.
  37. Jensen, Frank, 2008. "Uncertainty and asymmetric information: An overview," Marine Policy, Elsevier, vol. 32(1), pages 89-103, January.
  38. Kling, David M. & Sanchirico, James N. & Fackler, Paul L., 2017. "Optimal monitoring and control under state uncertainty: Application to lionfish management," Journal of Environmental Economics and Management, Elsevier, vol. 84(C), pages 223-245.
  39. Akpalu, Wisdom, 2020. "Optimal Allocation of Anchovy Stocks as Baitfish for Tuna and Food for Local Communities in Developing Coastal Countries," EfD Discussion Paper 20-14, Environment for Development, University of Gothenburg.
  40. Bediako, Kwabena & Nkuiya, Bruno, 2022. "Stability of international fisheries agreements under stock growth uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 113(C).
  41. Da Rocha, José María & Gutiérrez Huerta, María José, 2010. "Endogenous fisheries management in a stochastic model: Why do fishery agencies use TAC," DFAEII Working Papers 1988-088X, University of the Basque Country - Department of Foundations of Economic Analysis II.
  42. José-María Da-Rocha & Linda Nøstbakken & Marcos Pérez, 2014. "Pulse Fishing and Stock Uncertainty," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(2), pages 257-274, October.
  43. Hiroyuki Matsuda & Atsushi Yamauchi & Yoshiharu Matsumiya & Takashi Yamakawa, 1999. "Reproductive value, harvest value, and impact multiplier as indicators for maximum sustainable fisheries," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 2(2), pages 129-146, June.
  44. Ute Kapaun & Martin Quaas, 2013. "Does the Optimal Size of a Fish Stock Increase with Environmental Uncertainties?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(2), pages 293-310, February.
  45. Marita Laukkanen, 2003. "Transboundary Fisheries Management under Implementation Uncertainty," Working Papers 2003.118, Fondazione Eni Enrico Mattei.
  46. Jacob LaRiviere & David Kling & James N Sanchirico & Charles Sims & Michael Springborn, 2018. "The Treatment of Uncertainty and Learning in the Economics of Natural Resource and Environmental Management," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 92-112.
  47. Singh, Rajesh & Weninger, Quinn, 2024. "Discretion rather than rules in multiple-species fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
  48. Poudel, Diwakar & Sandal, Leif K. & Steinshamn, Stein I. & Kvamsdal, Sturla F., 2012. "Do Species Interactions and Stochasticity Matter to Optimal Management of Multispecies Fisheries?," Discussion Papers 2012/1, Norwegian School of Economics, Department of Business and Management Science.
  49. Koji Kotani & Makoto Kakinaka & Hiroyuki Matsuda, 2006. "Dynamic Economic Analysis on Invasive Species Management: Some Policy Implications of Catchability," Working Papers EMS_2006_16, Research Institute, International University of Japan.
  50. Koji Kotani & Makoto Kakinaka & Hiroyuki Matsuda, 2007. "Programs on Invasive Species Management under Growth Uncertainty and Measurement Error," Working Papers EMS_2007_01, Research Institute, International University of Japan.
  51. Finnoff, David & Tschirhart, John, 2003. "Harvesting in an eight-species ecosystem," Journal of Environmental Economics and Management, Elsevier, vol. 45(3), pages 589-611, May.
  52. Christopher Costello & Daniel Kaffine, 2018. "Natural Resource Federalism: Preferences Versus Connectivity for Patchy Resources," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(1), pages 99-126, September.
  53. Ben White, 2000. "A Review of the Economics of Biological Natural Resources," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(3), pages 419-462, September.
  54. Weitzman, Martin L., 2002. "Landing Fees vs Harvest Quotas with Uncertain Fish Stocks," Journal of Environmental Economics and Management, Elsevier, vol. 43(2), pages 325-338, March.
  55. Gaïgi, M’hamed & Ly Vath, Vathana & Scotti, Simone, 2022. "Optimal harvesting under marine reserves and uncertain environment," European Journal of Operational Research, Elsevier, vol. 301(3), pages 1181-1194.
  56. Leizarowitz, Arie & Tsur, Yacov, 2012. "Renewable resource management with stochastic recharge and environmental threats," Journal of Economic Dynamics and Control, Elsevier, vol. 36(5), pages 736-753.
  57. Tahvonen, Olli & Kumpula, Jouko & Pekkarinen, Antti-Juhani, 2014. "Optimal harvesting of an age-structured, two-sex herbivore–plant system," Ecological Modelling, Elsevier, vol. 272(C), pages 348-361.
  58. Knowler, D., 2005. "Reassessing the costs of biological invasion: Mnemiopsis leidyi in the Black sea," Ecological Economics, Elsevier, vol. 52(2), pages 187-199, January.
  59. Colla-De-Robertis, Esteban & Da-Rocha, Jose-Maria & García-Cutrin, Javier & Gutiérrez, María-José & Prellezo, Raul, 2018. "A bayesian estimation of the economic effects of the Common Fisheries Policy on the Galician Fleet: a dynamic stochastic general equilibrium approach," MPRA Paper 89944, University Library of Munich, Germany.
  60. Jensen, Frank & Jacobsen, Jette Bredahl & Thorsen, Bo Jellesmark, 2016. "Designing hunting regulation under population uncertainty and self-reporting," Journal of Forest Economics, Elsevier, vol. 24(C), pages 157-171.
  61. Singh, Rajesh & Weninger, Quinn, 2023. "Discretion rather than rules in multiple-species fisheries," ISU General Staff Papers 202311071438390000, Iowa State University, Department of Economics.
  62. Quaas, Martin F. & Froese, Rainer & Herwartz, Helmut & Requate, Till & Schmidt, Jörn O. & Voss, Rüdiger, 2012. "Fishing industry borrows from natural capital at high shadow interest rates," Ecological Economics, Elsevier, vol. 82(C), pages 45-52.
  63. Hauser, C.E. & Runge, M.C. & Cooch, E.G. & Johnson, F.A. & Harvey, W.F., 2007. "Optimal control of Atlantic population Canada geese," Ecological Modelling, Elsevier, vol. 201(1), pages 27-36.
  64. Engen, Steinar & Cao, Francisco J. & Sæther, Bernt-Erik, 2018. "The effect of harvesting on the spatial synchrony of population fluctuations," Theoretical Population Biology, Elsevier, vol. 123(C), pages 28-34.
  65. Martin F. Quaas & Ralph Winkler, 2017. "A Market Mechanism for Sustainable and Efficient Resource Use under Uncertainty," CESifo Working Paper Series 6524, CESifo.
  66. Bulte, Erwin H. & van Kooten, G. Cornelis, 2001. "Harvesting and conserving a species when numbers are low: population viability and gambler's ruin in bioeconomic models," Ecological Economics, Elsevier, vol. 37(1), pages 87-100, April.
  67. Diana Dijk & Eligius M. T. Hendrix & Rene Haijema & Rolf A. Groeneveld & Ekko C. Ierland, 2017. "An Adjustment Restriction on Fish Quota: Resource Rents, Overcapacity and Recovery of Fish Stock," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(2), pages 203-230, June.
  68. Hutniczak, Barbara, 2015. "Modeling heterogeneous fleet in an ecosystem based management context," Ecological Economics, Elsevier, vol. 120(C), pages 203-214.
  69. Vincent Martinet & Julio Peña-Torres & Michel Lara & Hector Ramírez C., 2016. "Risk and Sustainability: Assessing Fishery Management Strategies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(4), pages 683-707, August.
  70. Jules Selles, 2018. "Fisheries management: what uncertainties matter?," Working Papers hal-01824238, HAL.
  71. Chris J. Kennedy & Edward B. Barbier, 2013. "Renewable resource management with environmental prediction: the importance of structural specification," Canadian Journal of Economics, Canadian Economics Association, vol. 46(3), pages 1110-1122, August.
  72. McGough Bruce & Plantinga Andrew J. & Costello Christopher, 2009. "Optimally Managing a Stochastic Renewable Resource under General Economic Conditions," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-31, December.
  73. Tsur, Yacov & Zemel, Amos, 2012. "Dynamic and stochastic analysis of environmental and natural resources," Discussion Papers 120017, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
  74. Springborn, Michael & Sanchirico, James N., 2013. "A density projection approach for non-trivial information dynamics: Adaptive management of stochastic natural resources," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 609-624.
  75. Baggio, Michele & Fackler, Paul L., 2016. "Optimal management with reversible regime shifts," Journal of Economic Behavior & Organization, Elsevier, vol. 132(PB), pages 124-136.
  76. Cloé Garnache, 2015. "Fish, Farmers, and Floods: Coordinating Institutions to Optimize the Provision of Ecosystem Services," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 2(3), pages 367-399.
  77. Poudel, Diwakar & Sandal, Leif K. & Kvamsdal, Sturla F., 2012. "Analyzing Risk of Stock Collapse in a Fishery under Stochastic Profit Maximization," Discussion Papers 2012/4, Norwegian School of Economics, Department of Business and Management Science.
  78. Ni, Yuanming & Sandal, Leif Kristoffer, 2019. "Seasonality matters: A multi-season, multi-state dynamic optimization in fisheries," European Journal of Operational Research, Elsevier, vol. 275(2), pages 648-658.
  79. Costello, Christopher & Polasky, Stephen, 2008. "Optimal harvesting of stochastic spatial resources," Journal of Environmental Economics and Management, Elsevier, vol. 56(1), pages 1-18, July.
  80. Hansen, Lars Gårn & Jensen, Frank & Russell, Clifford, 2013. "Instrument choice when regulators are concerned about resource extinction," Resource and Energy Economics, Elsevier, vol. 35(2), pages 135-147.
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  82. Sanchirico, James N. & Smith, Martin D. & Lipton, Douglas W., 2006. "An Approach to Ecosystem-Based Fishery Management," RFF Working Paper Series dp-06-40, Resources for the Future.
  83. Nkuiya, Bruno & Diekert, Florian, 2023. "Stochastic growth and regime shift risk in renewable resource management," Ecological Economics, Elsevier, vol. 208(C).
  84. Anna M. Birkenbach & Andreea L. Cojocaru & Frank Asche & Atle G. Guttormsen & Martin D. Smith, 2020. "Seasonal Harvest Patterns in Multispecies Fisheries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(3), pages 631-655, March.
  85. Jensen, Frank & Vestergaard, Niels, 2007. "Asymmetric information and uncertainty: The usefulness of logbooks as a regulation measure," Ecological Economics, Elsevier, vol. 63(4), pages 815-827, September.
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