Optimal Management Of Multi-Value Renewable Resources: An Application To The African Elephant
This study extends dynamic models of renewable terrestial resources to evaluate the optimal long-run management strategy for African Elephants. Changes in many model parameters have ambiguous effects on elephant stocks and point to a need for empirical research to provide parameterizations for a theoretical model and a better basis for policy.
|Date of creation:||1998|
|Date of revision:|
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- Barnes, J. I., 1996. "Changes in the economic use value of elephant in Botswana: the effect of international trade prohibition," Ecological Economics, Elsevier, vol. 18(3), pages 215-230, September.
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- Clark, Colin W, 1973. "Profit Maximization and the Extinction of Animal Species," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 950-61, July-Aug..
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