Abstract:The sustainability of renewable resource harvesting may be threatened by environmental and socioeconomic changes that induce tipping points. Here, we propose a synthetic harvesting model with a comprehensive set of socioecological factors that have not been explored together, including market price and stock value, effort and processing costs, labour and natural capital elasticities, societal risk aversion, maximum sustainable yield (MSY), and population growth shape. We solve for harvest rate and stock biomas… Show more
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