Journal ArticleDOI
Mathematical Models in the Economics of Renewable Resources
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TLDR
In this paper, three classes of models of renewable resource economics are discussed: profit-maximizing models, competitive equilibrium models, and cooperative equilibrium models; a variety of complexities, both biological and economic, are also discussed, including irreversibility problems, disaggregated biological models, delay effects, and stochastic models.Abstract:
Three classes of models of renewable resource economics are discussed in this paper: profit-maximizing models, competitive equilibrium models, and cooperative equilibrium models. A variety of complexities, both biological and economic, are also discussed, including: irreversibility problems, disaggregated biological models, delay effects, and stochastic models. Questions deserving further research are raised.read more
Citations
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Journal ArticleDOI
Bifurcation analysis of modified Leslie–Gower predator–prey model with Michaelis–Menten type prey harvesting
R. P. Gupta,Peeyush Chandra +1 more
TL;DR: In this paper, a modified Leslie-Gower prey-predator model with nonlinear harvesting in prey is discussed and a detailed mathematical analysis of the model is given to describe some significant results that may arise from the interaction of biological resources.
Journal ArticleDOI
Global dynamics and bifurcation in a stage structured prey–predator fishery model with harvesting
TL;DR: Simulation results show that the optimal control scheme can achieve sustainable ecosystem.
Journal ArticleDOI
A model for fishery resource with reserve area
TL;DR: In this article, a mathematical model to study the dynamics of a fishery resource system in an aquatic environment that consists of two zones: a free fishing zone and a reserve zone where fishing is strictly prohibited is presented.
Journal ArticleDOI
Merging Economics and Epidemiology to Improve the Prediction and Management of Infectious Disease
Charles Perrings,Carlos Castillo-Chavez,Gerardo Chowell,Gerardo Chowell,Peter Daszak,Eli P. Fenichel,David Finnoff,Richard D. Horan,A. Marm Kilpatrick,Ann P. Kinzig,Nicolai V. Kuminoff,Simon A. Levin,Benjamin R. Morin,Katherine F. Smith,Michael R. Springborn +14 more
TL;DR: It is shown how the approach explores the determinants of decisions about the number and type of contacts made by individuals, using insights and methods from economics, has the potential both to improve predictions of the course of infectious disease, and to support development of novel approaches to infectious disease management.
Journal ArticleDOI
Construction and first applications of a global cost of fishing database
TL;DR: The International Council for the Exploration of the Sea developed a new global database of fishing cost as mentioned in this paper, which covers variable and fixed costs of maritime countries, representing ∼98% of global landings in 2005.
References
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Journal ArticleDOI
Resilience and Stability of Ecological Systems
TL;DR: The traditional view of natural systems, therefore, might well be less a meaningful reality than a perceptual convenience.
Journal ArticleDOI
The Tragedy of the Commons
TL;DR: The tragedy of the commons as a food basket is averted by private property, or something formally like it as mentioned in this paper, which is why the commons, if justifiable at all, is justifiable only under conditions of low-population density.
Book ChapterDOI
Non-cooperative games
TL;DR: In this article, it was shown that the set of equilibrium points of a two-person zero-sum game can be defined as a set of all pairs of opposing "good" strategies.
Book
Mathematical Theory of Optimal Processes
TL;DR: The fourth and final volume in this comprehensive set presents the maximum principle as a wide ranging solution to nonclassical, variational problems as discussed by the authors, which can be applied in a variety of situations, including linear equations with variable coefficients.