SUSTAINABLE YIELDS IN FISHERIES: UNCERTAINTY, RISK-AVERSION, AND MEAN-VARIANCE ANALYSIS

DOI10.1111/j.1939-7445.2010.00065.xzbMath1231.91370OpenAlexW2766610273MaRDI QIDQ3587001

Christian-Oliver Ewald, Wen-Kai Wang

Publication date: 2 September 2010

Published in: Natural Resource Modeling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1939-7445.2010.00065.x

zbMATH Keywords

sustainabilityfisheriesmaximum sustainable yieldenvironmental and resource economicsstochastic dynamic fisheries models

Mathematics Subject Classification ID

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

Related Items (4)

The market for salmon futures: an empirical analysis of the Fish Pool using the Schwartz multi-factor model ⋮ On increasing risk, inequality and poverty measures: peacocks, lyrebirds and exotic options ⋮ Local sensitivity of per-recruit fishing mortality reference points ⋮ A stochastic Pella Tomlinson model and its maximum sustainable yield

Cites Work

• On the non-equilibrium density of geometric mean reversion
• Utility based pricing and exercising of real options under geometric mean reversion and risk aversion toward idiosyncratic risk
• Optimal harvesting of stochastically fluctuating populations
• Redefining the maximum sustainable yield for the Schaefer population model including multiplicative environmental noise
• Uncertainty in the Theory of Renewable Resource Markets
• Optimal harvesting policies for a generalized Gordon–Schaefer model in randomly varying environment

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