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Time Discounting and the Overexploitation of Coral Reefs
Authors:Teh  Louise S L  Teh  Lydia C L  Sumaila  U Rashid  Cheung  William
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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