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Author: | Bulte, E. H. Kooten, G. C. van |
Title: | Harvesting and conserving a species when numbers are low: population viability and gamblerĀ“s ruin in bioeconomic models |
Journal: | Ecological Economics
2001 : APR, VOL. 37:1, p. 87-100 |
Index terms: | BUSINESS ENVIRONMENT ECOLOGY ENVIRONMENTAL ECONOMICS BIOLOGY POPULATION POPULATION CHANGE |
Freeterms: | BIOECONOMICS ECOLOGICAL ECONOMICS |
Language: | eng |
Abstract: | In bioeconomic models of renewable resources, population viability is either ignored entirely or the minimum viable population (MVP) is considered a crisp threshold below which a species is driven to extention. Neither is consistent with ecological science. It's needed to enhance ecological realism in economic models by incorporating insights regarding population viability from conservation biology. |
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