Microeconomics, hunting analysis

Overhunting can endanger a species pollution.
Evaulate the likely impact and effectiveness of the following policies.

1. shorten seasons and allowable hunting hours per day
2. double commercial license fees
3. impose a tax on all kills
4. set and enforce maximum kills

This is for my microeconomics class, I pretty much had some idea for each one, but i'd like to hear some other inputs. This is more for microeconomic analysis, not a 'real life' opinion. Thanks

The more I think about your question, the deeper into the quagmire I sink into.

For a simple answer, start with a simple demand curve for hunting. Put All Hunting costs on the y-axis. The proper metric for the x-axis is harder to determine. Start with Hunting Hours on the x-axis, with an assumption that there is a postitive and known relationship with hours of hunting and number of kills. (The relationship may or may not be linear). The shape of the demand curve I leave up to you. Is hunting activity elastic or inelastic? Now draw a hunting cost curve. Again, the shape of the cost curve is hard to determine. Is it flat, where only the only costs are essentially fixed costs? Or do costs rise with each additonal hour hunted?

Equilibrium occurs where the cost curve equals the demand.

Now impose your policies, deciding which curve shifts, and by how much.

Lotsa luck.

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asked by Jack

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