Variable effort management of renewable natural resources

Fabio Lamantia

Chaos, Solitons & Fractals, 2006, vol. 29, issue 3, 771-782

Abstract: In this paper we introduce a resource management model of a common aquatic environment that is split into two regions: a protected area, where no harvesting is allowed, and an exploitable area, where a regulator imposes at each time period the maximum level of effort agents can exert. The imposed effort is not constant over time, but endogenously obtained through a negative feedback process according to the level of stock resource the regulator expects to prevail. Furthermore the fish population migrates within regions according to a linear diffusion mechanism.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960077905007526
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:29:y:2006:i:3:p:771-782

DOI: 10.1016/j.chaos.2005.08.108

Access Statistics for this article

Chaos, Solitons & Fractals is currently edited by Stefano Boccaletti and Stelios Bekiros

More articles in Chaos, Solitons & Fractals from Elsevier
Bibliographic data for series maintained by Thayer, Thomas R. ().