Matches in SemOpenAlex for { <https://semopenalex.org/work/W235745503> ?p ?o ?g. }
Showing items 1 to 90 of
90
with 100 items per page.
- W235745503 abstract "The role of discounting in determining the optimal harvest of natural resources has been extensively debated in the economic and natural resources literature. Differing approaches to discounting to address sustainability and intergenerational equity issues have the potential to significantly affect the allocation of resources between harvesting and conservation for this generation and the stock of resources available for future This presents a very real problem in New Zealand where legislation requires fisheries managers to maintain the potential of the resources to meet the reasonably foreseeable needs of future generations. This paper investigates the appropriate use of discount rates in evaluating policy decisions that involve the intergenerational allocation of fisheries resources. Dynamic bioeconomic optimisation is used to model the effect of discount rates on the optimal harvest of a stock characterized by moderate longevity and growth. The economic and biological effects of alternative rebuilding strategies that are assumed to meet the needs of future generations are explored under alternative prices, variable costs, and rebuilding horizons. The preliminary empirical analysis revealed that higher discount rates produce lower net present values, slower rebuilding rates, and more pronounced harvest reductions as the rebuilding deadline approached. However, at discount rates that are common and justified in the literature, the effects may be insignificant. Whether these results are dependent on the assumed moderate growth characteristic of the stock, the failure to account for perceptions regarding biological and economic risk, or the use of a common discount rate are subjects of continuing research." @default.
- W235745503 created "2016-06-24" @default.
- W235745503 creator A5003445585 @default.
- W235745503 creator A5005758366 @default.
- W235745503 creator A5032288964 @default.
- W235745503 creator A5087154732 @default.
- W235745503 date "2001-01-01" @default.
- W235745503 modified "2023-09-23" @default.
- W235745503 title "Future Generations, Discount Rates and the Optimal Harvest of Fisheries Resources" @default.
- W235745503 cites W1572215973 @default.
- W235745503 cites W1589572802 @default.
- W235745503 cites W175574663 @default.
- W235745503 cites W1817597787 @default.
- W235745503 cites W1966392212 @default.
- W235745503 cites W2002651469 @default.
- W235745503 cites W2004717177 @default.
- W235745503 cites W2038491445 @default.
- W235745503 cites W2075731821 @default.
- W235745503 cites W2147657823 @default.
- W235745503 cites W2161827643 @default.
- W235745503 hasPublicationYear "2001" @default.
- W235745503 type Work @default.
- W235745503 sameAs 235745503 @default.
- W235745503 citedByCount "2" @default.
- W235745503 countsByYear W2357455032012 @default.
- W235745503 countsByYear W2357455032013 @default.
- W235745503 crossrefType "journal-article" @default.
- W235745503 hasAuthorship W235745503A5003445585 @default.
- W235745503 hasAuthorship W235745503A5005758366 @default.
- W235745503 hasAuthorship W235745503A5032288964 @default.
- W235745503 hasAuthorship W235745503A5087154732 @default.
- W235745503 hasConcept C10138342 @default.
- W235745503 hasConcept C127413603 @default.
- W235745503 hasConcept C144133560 @default.
- W235745503 hasConcept C162324750 @default.
- W235745503 hasConcept C175605778 @default.
- W235745503 hasConcept C17744445 @default.
- W235745503 hasConcept C18903297 @default.
- W235745503 hasConcept C199539241 @default.
- W235745503 hasConcept C199728807 @default.
- W235745503 hasConcept C204036174 @default.
- W235745503 hasConcept C2781133197 @default.
- W235745503 hasConcept C29985473 @default.
- W235745503 hasConcept C6177178 @default.
- W235745503 hasConcept C66204764 @default.
- W235745503 hasConcept C78519656 @default.
- W235745503 hasConcept C86803240 @default.
- W235745503 hasConceptScore W235745503C10138342 @default.
- W235745503 hasConceptScore W235745503C127413603 @default.
- W235745503 hasConceptScore W235745503C144133560 @default.
- W235745503 hasConceptScore W235745503C162324750 @default.
- W235745503 hasConceptScore W235745503C175605778 @default.
- W235745503 hasConceptScore W235745503C17744445 @default.
- W235745503 hasConceptScore W235745503C18903297 @default.
- W235745503 hasConceptScore W235745503C199539241 @default.
- W235745503 hasConceptScore W235745503C199728807 @default.
- W235745503 hasConceptScore W235745503C204036174 @default.
- W235745503 hasConceptScore W235745503C2781133197 @default.
- W235745503 hasConceptScore W235745503C29985473 @default.
- W235745503 hasConceptScore W235745503C6177178 @default.
- W235745503 hasConceptScore W235745503C66204764 @default.
- W235745503 hasConceptScore W235745503C78519656 @default.
- W235745503 hasConceptScore W235745503C86803240 @default.
- W235745503 hasLocation W2357455031 @default.
- W235745503 hasOpenAccess W235745503 @default.
- W235745503 hasPrimaryLocation W2357455031 @default.
- W235745503 hasRelatedWork W1516462824 @default.
- W235745503 hasRelatedWork W1979865175 @default.
- W235745503 hasRelatedWork W2015650777 @default.
- W235745503 hasRelatedWork W2047816231 @default.
- W235745503 hasRelatedWork W2053449937 @default.
- W235745503 hasRelatedWork W2055820075 @default.
- W235745503 hasRelatedWork W2098290978 @default.
- W235745503 hasRelatedWork W2117155962 @default.
- W235745503 hasRelatedWork W2140185934 @default.
- W235745503 hasRelatedWork W2289946804 @default.
- W235745503 hasRelatedWork W2389417461 @default.
- W235745503 hasRelatedWork W2670763232 @default.
- W235745503 hasRelatedWork W2758660683 @default.
- W235745503 hasRelatedWork W2800588813 @default.
- W235745503 hasRelatedWork W2808123777 @default.
- W235745503 hasRelatedWork W2946552245 @default.
- W235745503 hasRelatedWork W3121772998 @default.
- W235745503 hasRelatedWork W3125912759 @default.
- W235745503 hasRelatedWork W568755628 @default.
- W235745503 hasRelatedWork W1939728279 @default.
- W235745503 isParatext "false" @default.
- W235745503 isRetracted "false" @default.
- W235745503 magId "235745503" @default.
- W235745503 workType "article" @default.