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Bioeconomics and the Bowhead Whale

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  • Conrad, Jon M
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    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.

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    Bibliographic Info

    Article provided by University of Chicago Press in its journal Journal of Political Economy.

    Volume (Year): 97 (1989)
    Issue (Month): 4 (August)
    Pages: 974-87

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    Handle: RePEc:ucp:jpolec:v:97:y:1989:i:4:p:974-87

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    Web page: http://www.journals.uchicago.edu/JPE/

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    Cited by:
    1. Mazzanti, Massimiliano, 2001. "The role of economics in global management of whales: re-forming or re-founding IWC?," Ecological Economics, Elsevier, vol. 36(2), pages 205-221, February.
    2. Richard Horan & James Shortle, 1999. "Optimal Management of Multiple Renewable Resource Stocks: An Application to Minke Whales," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 13(4), pages 435-458, June.
    3. Hsiao-I Kuo & Chi-Chung Chen & Michael McAleer, 2010. "Estimating the Impact of Whaling on Global Whale Watching," KIER Working Papers 728, Kyoto University, Institute of Economic Research.
    4. Eirik Amundsen & Trond Bjørndal & Jon Conrad, 1995. "Open access harvesting of the Northeast Atlantic minke whale," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 6(2), pages 167-185, September.
    5. Conrad, Jon M. & Bjorndal, Trond, 1991. "Economics And The Resumption Of Commercial Whaling," Working Papers 7269, Cornell University, Department of Applied Economics and Management.
    6. Allen, Robert C. & Keay, Ian, 2001. "The First Great Whale Extinction: The End of the Bowhead Whale in the Eastern Arctic," Explorations in Economic History, Elsevier, vol. 38(4), pages 448-477, October.
    7. Ikerne del Valle & Inmaculada Astorkiza & Kepa Astorkiza, 2001. "Is the Current Regulation of the VIII Division European Anchovy Optimal?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(1), pages 53-72, May.
    8. Horan, Richard D. & Bulte, Erwin H., 2001. "Resource Or Nuisance? Managing African Elephants As A Multi-Use Species," 2001 Annual meeting, August 5-8, Chicago, IL 20440, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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