Show simple item record

dc.contributor.authorDa Rocha, José María
dc.contributor.authorGarcía-Cutrín, Javier
dc.contributor.authorGutiérrez Huerta, María José
dc.contributor.authorTouza, Julia
dc.date.accessioned2015-09-17T18:21:40Z
dc.date.available2015-09-17T18:21:40Z
dc.date.issued2015
dc.identifier.issn1988-088X
dc.identifier.urihttp://hdl.handle.net/10810/15662
dc.description.abstractInternational fisheries agencies recommend exploitation paths that satisfy two features. First, for precautionary reasons exploitation paths should avoid high fishing mortality in those fisheries where the biomass is depleted to a degree that jeopardise the stock's capacity to produce the Maximum Sustainable Yield (MSY). Second, for economic and social reasons, captures should be as stable (smooth) as possible over time. In this article we show that a conflict between these two interests may occur when seeking for optimal exploitation paths using age structured bioeconomic approach. Our results show that this conflict be overtaken by using non constant discount factors that value future stocks considering their relative intertemporal scarcity.es
dc.description.sponsorshipEuropean Commission (MINOW H2020-SFS-2014-2, number 634495, MYFISH, FP7-KBBE-2011-5, number 289257) and the Spanish Ministry of Economy Competitiveness (ECO2012-39098-C06-01, ECO2012-39098-C06-05 and ECO2012-35820)es
dc.language.isoenges
dc.relation.ispartofseriesDFAEII;2015.02
dc.rightsinfo:eu-repo/semantics/openAccesses
dc.subjectfisheries managementes
dc.subjectoptimization in age-structured modelses
dc.subjectnon-constant discount factores
dc.subjectutility functiones
dc.titleReconciling yield stability with international fisheries agencies precautionary preferences: the role of non constant discount factors in age structured modelses
dc.typeinfo:eu-repo/semantics/workingPaperes
dc.departamentoesFundamentos del análisis económico IIes_ES
dc.departamentoeuEkonomia analisiaren oinarriak IIes_ES
dc.subject.categoriaECONOMICS, ECONOMETRICS AND FINANCE


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record