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- W3150158520 abstract "This paper is concerned with the classic topic of intertemporal resource economics: the optimal harvesting of renewable natural resources over time by one and several resource owners with conflicting interests. The traditional management model, dating back to Plourde (1970), is extended towards a two–state model in which harvesting equipment is treated as a stock variable. As a consequence of this extension, an equilibrium dynamics with bifurcations and limit cycles occur. Next we discuss conflicts as a game with two types of players involved: the traditional fishermen armed with the basic equipment and the heavy equipment users. Both players have a common depletion function, thought as harvesting, which is dependent both on personal effort and on intensity of equipment’s usage." @default.
- W3150158520 created "2021-04-13" @default.
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- W3150158520 date "2011-01-01" @default.
- W3150158520 modified "2023-09-23" @default.
- W3150158520 title "Cyclical and constant strategies in renewable resources extraction" @default.
- W3150158520 hasPublicationYear "2011" @default.
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