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Bioeconomics and the Bowhead Whale

Jon M. Conrad

Journal of Political Economy 1989

In the mid-1970s the International Whaling Commission concluded that the increased harvest by Alaskan Eskimos threatened the existence of the bowhead whale, which was slowly recovering from a period of open-access exploitation (1848-1914). This paper briefly discusses the economic history of the bowhead whale fishery in the western Arctic, simulates the population from 1848-1988, and presents a bioeconomic model that may be used to determine optimal Eskimo harvest for alternative rates of discount and weights on the bowhead population.

DOI
10.1086/261637
Volume
97 (4)
Pages
974-987
Language
en
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