scholarly journals The Hotelling rule in non‐renewable resource economics: A reassessment

2020 ◽  
Vol 53 (2) ◽  
pp. 800-820 ◽  
Author(s):  
Roberto Ferreira da Cunha ◽  
Antoine Missemer
Keyword(s):  
Renewable Resource ◽  
Resource Economics ◽  
Hotelling Rule ◽  
Renewable Resource Economics

scholarly journals Modelling the behaviour of fishers and fishes

2017 ◽  
Vol 75 (3) ◽  
pp. 932-940 ◽  
Author(s):  
Colin W Clark
Keyword(s):  
Mathematical Models ◽  
Stochastic Models ◽  
Dynamic Models ◽  
Renewable Resource ◽  
Resource Economics ◽  
Dynamic State ◽  
Behavioural Ecology ◽  
State Variable ◽  
Renewable Resource Economics ◽  
Human Animal

Abstract I describe my personal evolution as a modeller of behaviour, both human and (non-human) animal behaviour, using dynamic state-variable models. At first I worked in renewable resource Economics, especially the economics of marine fisheries where I collaborated extensively with Gordon R. Munro. Subsequently, in collaboration with Marc Mangel (and many field biologists) I worked in Behavioural Ecology. Mathematical models have played a major role in both of these subjects, but until recently mostly static models were used, on the grounds that dynamic (not to mention stochastic) models were too difficult to work with. I express the hope that our use of relatively simple (but not too simple) dynamic models has established the fact that such models can be extremely helpful, perhaps essential, in understanding many aspects of behaviour.

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