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Open access harvesting of the Northeast Atlantic minke whale

Author

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  • Eirik Amundsen
  • Trond Bjørndal
  • Jon Conrad

Abstract

The purpose of this paper is to analyze open access exploitation of the Northeast Atlantic minke whale. In particular the question whether open access could lead to stock extinction is addressed. A bioeconomic model of the open access fishery is developed and estimated for data from Norwegian whaling. Numerical analysis shows that open access was not likely to have lead to stock extinction for the minke whale. Copyright Kluwer Academic Publishers 1995

Suggested Citation

  • Eirik Amundsen & Trond Bjørndal & Jon Conrad, 1995. "Open access harvesting of the Northeast Atlantic minke whale," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 6(2), pages 167-185, September.
  • Handle: RePEc:kap:enreec:v:6:y:1995:i:2:p:167-185
    DOI: 10.1007/BF00691682
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    File URL: http://hdl.handle.net/10.1007/BF00691682
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    References listed on IDEAS

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    1. Conrad, Jon M, 1989. "Bioeconomics and the Bowhead Whale," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 974-987, August.
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    Citations

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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. Robert N. Stavins, 2011. "The Problem of the Commons: Still Unsettled after 100 Years," American Economic Review, American Economic Association, vol. 101(1), pages 81-108, February.
    3. José-María Da-Rocha & María-José Gutiérrez, 2006. "The optimality of the Common Fisheries Policy: the Northern Stock of Hake," Spanish Economic Review, Springer;Spanish Economic Association, vol. 8(1), pages 1-21, March.
    4. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    5. Eisenack, K. & Welsch, H. & Kropp, J.P., 2006. "A qualitative dynamical modelling approach to capital accumulation in unregulated fisheries," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2613-2636, December.
    6. Gardner M. Brown, 2000. "Renewable Natural Resource Management and Use without Markets," Journal of Economic Literature, American Economic Association, vol. 38(4), pages 875-914, December.
    7. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Discussion Papers in Economics at the University of Washington 0025, Department of Economics at the University of Washington.
    8. Richard Horan & James Shortle, 1999. "Optimal Management of Multiple Renewable Resource Stocks: An Application to Minke Whales," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(4), pages 435-458, June.
    9. Bulte, Erwin H. & Horan, Richard D. & Shogren, Jason F., 2003. "Is the Tasmanian tiger extinct? A biological-economic re-evaluation," Ecological Economics, Elsevier, vol. 45(2), pages 271-279, June.
    10. 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.
    11. Gutiérrez Huerta, María José & Da Rocha, José María, 2003. "The Evaluation of Fisheries Management: A Dynamic Stochastic Approach," DFAEII Working Papers 2003-04, University of the Basque Country - Department of Foundations of Economic Analysis II.

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    Keywords

    Minke whale; open access; stock extinction;

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