Saving the Whales: Lessons from the Extinction of the Eastern Arctic Bowhead.
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...Expand abstract
- Publication status:
- Peer review status:
- Peer reviewed
- Local pid:
- Deposit date:
- Copyright holder:
- Economic History Association
- Copyright date:
- © The Economic History Association. All rights reserved.
If you are the owner of this record, you can report an update to it here: Report update to this record