Range contraction enables harvesting to extinction
Matthew G. Burgess, Christopher Costello, Alexa Fredston-Hermann,, Malin L. Pinsky, Steven D. Gaines, David Tilman, Stephen Polasky

TL;DR
This paper reveals that range contractions, caused by behaviors or environmental factors, can enable profitable harvesting to extinction even without rising prices, posing significant conservation risks.
Contribution
It introduces a novel mechanism where range contraction facilitates extinction through overharvesting, expanding understanding of extinction risks beyond traditional economic models.
Findings
Range contractions can enable extinction without price increases.
Aquatic species with schooling behaviors are particularly vulnerable.
Evidence suggests terrestrial mammals and birds also face this risk.
Abstract
Economic incentives to harvest a species usually diminish as its abundance declines, because harvest costs increase. This prevents harvesting to extinction. A known exception can occur if consumer demand causes a declining species' harvest price to rise faster than costs. This threat may affect rare and valuable species, such as large land mammals, sturgeons, and bluefin tunas. We analyze a similar but underappreciated threat, which arises when the geographic area (range) occupied by a species contracts as its abundance declines. Range contractions maintain the local densities of declining populations, which facilitates harvesting to extinction by preventing abundance declines from causing harvest costs to rise. Factors causing such range contractions include schooling, herding, or flocking behaviors--which, ironically, can be predator-avoidance adaptations; patchy environments; habitat…
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