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Fisheries management under irreversible investment : does stochasticity matter?
(Discussion paper;2011:20, Working paper, 2011-11)
We present a continuous, nonlinear, stochastic and dynamic model for capital investment in the exploitation of a renewable resource. Both the resource stock and capital stock are treated as state variables. The resource ...
Do species interactions and stochasticity matter to optimal management of multispecies fisheries?
(Discussion paper;2012:1, Working paper, 2012-01)
The multispecies fisheries management looks at a bigger picture in addressing the long-term consequences of present decisions. This implies an ecosystem management that includes a number of species and their physical, ...
Long-term sustainable and optimal management of multispecies stochastic fisheries
(Working papers;01/14, Working paper, 2014-02)
Multispecies fisheries management is the first step towards ecosystem-based fisheries management. Multispecies management accounts for a number of species and their physical, biological, and economic interactions. These ...