Not only the tragedy of the commons: misperceptions of bioeconomics
Article Abstract:
A study of the problem of mismanagement of renewable resources focuses on a class of explanation known as the resource management problem or the 'provision problem.' This can be modelled as a dynamic, nonlinear optimization problem under uncertainty and ambiguity. This class of explanation differs from the 'commons problem,' which describes a situation wherein the benefits of exploiting a common resource are enjoyed only by the individual, but the costs are borne by everyone. The management problem is examined in Norway's fisheries sector. The study focuses on three issues: the possibility that actors in the fisheries sector misunderstand the bioeconomics of their resources; the mental models and decision rules they use and how these differ from the perfect models and optimal rules; and ways that misperceptions can be resolved.
Publication Name: Management Science
Subject: Business, general
ISSN: 0025-1909
Year: 1998
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Mini-utes are maxi-fun
Article Abstract:
Mini sport-utility vehicles (SUVs) are the latest rage in the burgeoning SUV market. Traditional sized SUVs use a truck chassis and truck-style rear-wheel drive, but mini SUVs are built using a car chassis and front-drive transmission. Mini SUVs are also priced significantly less.
Publication Name: Boys' Life
Subject: General interest
ISSN: 0006-8608
Year: 1996
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Makeup 101: beautifying basics, from the woman who reinvented the rules
Article Abstract:
Brown recommends using natural-looking foundation and powder, because they reduce redness and even out skin tone. Other makeup tips deal with using concealer and applying blush and lipstick.
Publication Name: Woman's Day
Subject: Family and marriage
ISSN: 0043-7336
Year: 1998
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