Heterogeneity among agent types and second-best management for non-market ecological services

Second-best management affects different agent types differently, and heterogeneity among agents may create instances when only second best management is feasible. Capital-theoretic bioeconomic modeling often has imposed representative agent assumptions that may not capture this heterogeneity. Interactions between agent heterogeneity and second-best management have received little attention. Such heterogeneity is particularly important when management actions do not directly affect extensive margin decisions. We employ a microparameter model in a dynamic bioeconomic model to incorporate agent heterogeneity and intensive and extensive margin decisions for a nonmarket good, recreational fishing. The model yields qualitatively different management recommendations when a representative agent is assumed than when heterogeneity is included using the microparameter approach.entry-exit, microparameter, bioeconomics, recreational fishing, landing limits, optimal control, Resource /Energy Economics and Policy, Q20, Q22, Q26,

Isotope effects in the specific heat of solid neon

Isotope effects in specific heat of solid neo

Justicia. Acerca de la relación entre público y privado

Ya casi nadie avala la posibilidad de que la participación política pueda ser una recompensa en sí misma, la realización de nuestra naturaleza y no una carga. Este artículo intenta avalar dicha afirmación mediante una reevaluación crítica del significad

SPLIT-SAMPLE TESTS OF "DON'T KNOW" AND "INDIFFERENT" RESPONSES IN AN ATTRIBUTE BASED CHOICE MODEL

stated preference, contingent valuation, no opinion, internet survey, Research Methods/ Statistical Methods,

CONTROLLING WILDLIFE AND LIVESTOCK DISEASE WITH ENDOGENOUS ON-FARM BIOSECURITY

The spread of infectious disease among and between wild and domesticated animals has become a major problem worldwide. We analyze the socially optimal management of wildlife and livestock, including choices involving environmental habitat variables and on-farm biosecurity controls, when wildlife and livestock can spread an infectious disease to each other. The model is applied to the problem of bovine tuberculosis among Michigan white-tailed deer. The optimum is a cycle in which the disease remains endemic in the wildlife, but in which the cattle herd is depleted when the prevalence rate in deer grows too large.Research Methods/ Statistical Methods,

Stable manifolds under very weak hyperbolicity conditions

We present an argument for proving the existence of local stable and unstable manifolds in a general abstract setting and under very weak hyperbolicity conditions.Comment: 20 page