A scientific knowledge gap exists with regard to how benthic habitat is affected by destructive fishing methods, such as bottom trawling, and how this impacts upon the productivity of commercial fish stocks. This
article addresses analytically the effects of destructive fishing practices of a single gear fishery on a non-renewable...
The interpretation of the neoclassical model of dynamic labor supply is straight forward. A rational agent exposed to a temporary increase (reduction) in wages will respond by increasing (reducing) working hours. However, empirically such behavior has been hard to confirm. Most income increases are not temporary; hence a substantial income...