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On the management of interconnected wildlife populations

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  • Anders Skonhoft

    ()
    (Department of Economics, Norwegian University of Science and Technology)

  • Wenting Chen

    (Department of Economics, Norwegian University of Science and Technology)

Abstract

Economic interdependency of wildlife or fish stocks is usually attributed to ecological interdependency, such as predator - prey and competitive relationships, or to density dependent migration of species between different areas. This paper provides another channel for economic interdependency of wildlife where density independent migration and market price interaction affect the management strategies among different landowners. Management is studied under three market conditions for selling hunting licences: price taking behaviour, monopoly market and duopoly market. Harvesting of the Scandinavian moose is used as an example. The paper provides several results on how economic interdependency works through the migration pattern. When a duopoly market is introduced, hunting license price interaction among the landowners plays an additional role in determining the optimal harvesting strategy.

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File URL: http://www.svt.ntnu.no/iso/WP/2011/14_moosewenting%20final%201211.pdf
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Bibliographic Info

Paper provided by Department of Economics, Norwegian University of Science and Technology in its series Working Paper Series with number 12311.

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Length: 34 pages
Date of creation: 31 Dec 2011
Date of revision:
Handle: RePEc:nst:samfok:12311

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  1. Armstrong, Claire W. & Skonhoft, Anders, 2006. "Marine reserves: A bio-economic model with asymmetric density dependent migration," Ecological Economics, Elsevier, vol. 57(3), pages 466-476, May.
  2. Stähler, Frank, 1993. "On international compensations for environmental stocks," Kiel Working Papers 580, Kiel Institute for the World Economy.
  3. Halsema, Alex & Withagen, Cees, 2008. "Managing multiple fishery pools: property rights regimes and market structures," Environment and Development Economics, Cambridge University Press, vol. 13(06), pages 775-794, December.
  4. Hannesson, Rognvaldur, 1983. "Optimal harvesting of ecologically interdependent fish species," Journal of Environmental Economics and Management, Elsevier, vol. 10(4), pages 329-345, December.
  5. Sanchirico, James N. & Wilen, James E., 2001. "A Bioeconomic Model of Marine Reserve Creation," Journal of Environmental Economics and Management, Elsevier, vol. 42(3), pages 257-276, November.
  6. Schulz, Carl-Erik & Skonhoft, Anders, 1996. "Wildlife management, land-use and conflicts," Environment and Development Economics, Cambridge University Press, vol. 1(03), pages 265-280, July.
  7. Richard Horan & Erwin Bulte, 2004. "Optimal and Open Access Harvesting of Multi-Use Species in a Second-Best World," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 28(3), pages 251-272, July.
  8. Naevdal, Eric & Olaussen, Jon Olaf & Skonhoft, Anders, 2012. "A bioeconomic model of trophy hunting," Ecological Economics, Elsevier, vol. 73(C), pages 194-205.
  9. Dockner,Engelbert J. & Jorgensen,Steffen & Long,Ngo Van & Sorger,Gerhard, 2000. "Differential Games in Economics and Management Science," Cambridge Books, Cambridge University Press, number 9780521637329.
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