| Citation | Colin Clark is a mathematical biologist who has made notable contributions to the conceptual foundations of biological resource management and (more recently) behavioural ecology. His influencial book on 'Mathematical Bioeconomics' wove together economics and population biology to illuminate the distinction between "renewable" resources whose maximum sustainable yield is greater than economic "discount rates",and those for which it is not (in the latter case, economic and conservation interests, ineluctably conflict, even with an effective "sole owner"). Other important studies by Clark include analyses of the dynamic properties,and consequant efficacies, of different kinds of regulatory intruments (tariffs, quotas, licences etc ). His pioneering work on stockastic dynamic optimization as a tool for analysing problems in animal behaviour is finding an increasing range of important applications. |