Bioeconomics and the Bowhead Whale

Jon M Conrad

Journal of Political Economy, 1989, vol. 97, issue 4, 974-87

Abstract: In the mid-1970s, the International Whaling Commission concluded that the increased harvest by Alaskan Eskimos threatened the existence of the bowhead whale, which was slowly recovering from a period of open-access exploitation (1848-1914). This paper briefly discusses the economic history of the bowhead whale fishery in the western Arctic, simulates the population from 1848-1988, and presents a bioeconomic model that may be used to determine optimal Eskimo harvest for alternative rates of discount and weights on the bowhead population. Copyright 1989 by University of Chicago Press.

Date: 1989
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