Browsing NHH Brage by Subject "ecosystem"
Now showing items 1-2 of 2
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Greed is good: from super-harvest to recovery in a stochastic predator-prey system
(Discussion paper;5/19, Working paper, 2019-09-04)This paper demonstrates a predator-prey system of cod and capelin that confronts a possible scenario of prey extinction under the first-best policy in a stochastic world. We discover a novel ‘super-harvest’ phenomenon that ... -
Long-term sustainable and optimal management of multispecies stochastic fisheries
(Working papers;01/14, Working paper, 2014-02)Multispecies fisheries management is the first step towards ecosystem-based fisheries management. Multispecies management accounts for a number of species and their physical, biological, and economic interactions. These ...