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Quasi-Fixed Production Factors in Fisheries with Random Resource Growth and High Adjustment Costs

机译:随机资源增长和调整成本高的渔业准固定生产要素

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摘要

The growth of the exploited fish stock is modelled as a stochastic process. The marginal adjustment cost of some production factors is assumed to be strictly convex. Then in expected value terms, uncertainty reduces the rate of change in adjustment.

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