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Saving the Whales: Lessons from the Extinction of the Eastern Arctic Bowhead

Abstract:

In this article we investigate the possibility that a regulatory regime designed to maximize the profitability of the early Dutch whaling industry could have simultaneously guaranteed the biological sustainability of the eastern Arctic Bowhead whale. We find that policies with economic profit as the sole objective could have saved the whales, as well as increasing the incomes of the whalers, under assumptions commonly made in fisheries models. However, the necessary assumptions are implausibl...

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Authors


Contributors

Allen, Robert C
Keay, Ian
Publisher:
Economic History Association
Journal:
Journal of Economic History More from this journal
Issue:
64
Publication date:
2004-01-01
Subjects:
UUID:
uuid:1de46bd9-c554-47ad-ad63-3daa47344534
Local pid:
ora:760
Source identifiers:
http://sers009b.sers.ox.ac.uk/archive/00000822/
Deposit date:
2012-11-15

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