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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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Publication status:
Published
Peer review status:
Peer reviewed

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  • (Version of record, pdf, 197.5KB)
Publisher copy:
10.1017/S0022050704002748

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Institution:
University of Oxford
Role:
Author
Publisher:
Cambridge University Press Publisher's website
Journal:
Journal of Economic History Journal website
Volume:
64
Issue:
2
Pages:
400 - 432
Publication date:
2004-01-01
DOI:
ISSN:
0022-0507
Language:
English
UUID:
uuid:b6b0be37-bd49-479c-bcd5-6c0a4f207d30
Local pid:
oai:economics.ouls.ox.ac.uk:10939
Deposit date:
2011-08-16

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