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Maximum Economic Yield

Date

Authors

Kompas, Thomas

Chu, Hoang Long

Che, Nhu-Tuong

Grafton, Quentin

Publisher

Blackwell Publishing Ltd

Abstract

Analytical results for steady-state values of the biomass that maximises the sum of inter-temporal economic profits (dynamic bMEY) are derived in terms of a generalised harvesting function. The conditions under which dynamic bMEY exceeds the biomass that

Keywords

Keywords: biomass; discount rate; fishery economics; growth rate; harvesting; maximum sustainable yield; stock assessment; technological change Fisheries economics; Maximum economic yield; Stock effect

URI

http://hdl.handle.net/1885/28004

Collections

ANU Research Publications

Source

Australian Journal of Agricultural and Resource Economics

Type

Journal article

DOI

10.1111/j.1467-8489.2010.00492.x

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