Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:48:46am WEST
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Common Pool Resource Management Location: D-106 Session Chair: Sumeet Gulati, University of British Columbia | |
    | |
Risk aversion in spatial renewable resource harvesting 1: Leipzig Univeristy, Germany; 2: University of California, Santa Barbara; 3: University of Boulder, Colorado We study the non-cooperative harvesting of a stochastic, mobile renewable natural resource where resource harvesters are risk-averse. We develop a stochastic bioeconomic model to analyze how strategic behavior may change under risk aversion. Contrary to previous literature assuming risk-neutral harvesters, we find that the harvester benefiting from dispersal may harvest more aggressively due to a `smoothing effect'. We apply our model to the Atlantic Bluefin Tuna fishery and find that risk aversion may mask efficiency losses associated with resource mobility. Our research highlights the significance of understanding the interplay between risk aversion and spatial dynamics in renewable resource management, demonstrating that interacting ecological and social factors can significantly alter the incentives for resource users. | |