Saving the Whales: Lessons from the Extinction of the Eastern Arctic Bowhead
研究了早期荷兰捕鲸业中，以利润最大化为目标的监管制度能否同时保证东北极弓头鲸的可持续性。发现常见渔业模型假设下可行，但历史相关假设下无法兼顾利润与资源保护。
In this article we investigate the possibility that a regulatory regime designed to maximize the profitability of the early Dutch whaling industry could have simultaneously guaranteed the biological sustainability of the eastern Arctic Bowhead whale. We find that policies with economic profit as the sole objective could have saved the whales, as well as increasing the incomes of the whalers, under assumptions commonly made in fisheries models. However, the necessary assumptions are implausible. Under more historically relevant assumptions we find that regulation could not have simultaneously increased profits and preserved the stock of whales.