Time Discounting and the Overexploitation of Coral Reefs |
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Authors: | Teh Louise S L Teh Lydia C L Sumaila U Rashid Cheung William |
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Institution: | 1.Fisheries Centre, University of British Columbia, AERL 2202 Main Mall, Vancouver, BC, V6T 1Z4, Canada ; |
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Abstract: | Environmental and Resource Economics - The incentive to overexploit a fishery resource is thought to exist if the resource owner’s discount rate is sufficiently higher than the biological... |
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