Renewable resources; fishery management; multiple species model
Résumé :
[en] We refer to Flaaten’s (JEEM 1991, pp. 163–80) study on competing species. In Theorem 5 (Theorem 6), Flaaten claims that a higher price (harvesting costs) of one species yields a lower (greater) own stock-size and a greater (lower) stock-size of the competing species in the steady state. It is shown that both claims are wrong.
Disciplines :
Economie générale & histoire de la pensée économique
Identifiants :
UNILU:UL-ARTICLE-2009-157
Auteur, co-auteur :
NEUGEBAUER, Tibor ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Luxembourg School of Finance (LSF)
Casino, Begona; LSF Finance Research
Co-auteurs externes :
yes
Langue du document :
Anglais
Titre :
Bioeconomics of Sustainable Harvest of Competing Species: A Comment