GSTDTAP  > 资源环境科学
DOI10.1016/j.ecolecon.2019.05.015
Capital Investment for Optimal Exploitation of Renewable Resource Stocks in the Age of Global Change
Moberg, Emily A.1,2; Pinsky, Malin L.1; Fenichel, Eli P.2
2019-11-01
发表期刊ECOLOGICAL ECONOMICS
ISSN0921-8009
EISSN1873-6106
出版年2019
卷号165
文章类型Article
语种英语
国家USA
英文摘要

The world is rapidly changing, and biotic resources and their users are adapting. Determining how ecological and economic interactions determine the outcomes of this adaptation is critical to understanding the future of natural resources. We model a two-species fisheries as a stylized system to investigate the adaptation strategies of a harvester faced with shifting species composition in an ecological community. We explore how interspecies interactions and pricing effects jointly determine the optimal adaptation strategy. We consider two interacting species that are harvested jointly, but where the harvester may exert effort towards each species differentially provided she invests in reproducible capital that allows targeting. The possible adaptation strategies comprise changes in how people interact with natural capital (for example, changing harvest levels) and investment in reproducible or human capital, which may be a substitute or complement for natural capital stocks. We find that the market price of the harvested species exerts a particularly strong impact on the adaptation strategy; all else equal, unequal prices tends to drive extreme targeting or avoidance of a new species. Economic and ecological factors can necessitate investment at equilibrium, and early, transient management decisions for beneficial species may, like with nuisance species, produce large benefits.


英文关键词Fisheries Climate change Invasive species Optimal control Bioeconomics
领域资源环境
收录类别SCI-E ; SSCI
WOS记录号WOS:000487172500016
WOS关键词CLIMATE-CHANGE ; MANAGEMENT ; THRESHOLDS ; ECONOMICS ; WILDLIFE ; HARVEST
WOS类目Ecology ; Economics ; Environmental Sciences ; Environmental Studies
WOS研究方向Environmental Sciences & Ecology ; Business & Economics
引用统计
文献类型期刊论文
条目标识符http://119.78.100.173/C666/handle/2XK7JSWQ/187992
专题资源环境科学
作者单位1.Rutgers State Univ, Dept Ecol Evolut & Nat Resources, New Brunswick, NJ 08901 USA;
2.Yale Sch Forestry & Environm Studies, New Haven, CT 06511 USA
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Moberg, Emily A.,Pinsky, Malin L.,Fenichel, Eli P.. Capital Investment for Optimal Exploitation of Renewable Resource Stocks in the Age of Global Change[J]. ECOLOGICAL ECONOMICS,2019,165.
APA Moberg, Emily A.,Pinsky, Malin L.,&Fenichel, Eli P..(2019).Capital Investment for Optimal Exploitation of Renewable Resource Stocks in the Age of Global Change.ECOLOGICAL ECONOMICS,165.
MLA Moberg, Emily A.,et al."Capital Investment for Optimal Exploitation of Renewable Resource Stocks in the Age of Global Change".ECOLOGICAL ECONOMICS 165(2019).
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