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Would the establishment of a marine reserve maximize the present value of net benefits for fisherman? Using your knowledge of discounting, how could reduced harvests

Would the establishment of a marine reserve maximize the present value of net benefits for fisherman? Using your knowledge of discounting, how could reduced harvests in the short run be offset by increases in the long run?

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Whether establishing a marine reserve maximizes the present value of net benefits PVNB for fishermen depends on several factors Discounting plays a cr... blur-text-image

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