Mathematical Bioeconomics

  • Colin W. Clark
Part of the Lecture Notes in Biomathematics book series (LNBM, volume 2)


Renewable resource management would seem to provide a fertile area for the application of economic analysis, whether classical or modern. The last of Adam Smith’s three sources of wealth — capital, labor and land — for example, clearly includes the class of renewable resources. The fundamental concept of “economic rent” applies directly to the contribution of biological productivity to wealth.


Discount Rate Harvest Rate Fishing Intensity Biomass Curve Unit Harvest 
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Copyright information

© Springer-Verlag Berlin · Heidelberg 1974

Authors and Affiliations

  • Colin W. Clark
    • 1
  1. 1.Department of MathematicsThe University of British ColumbiaCanada

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