Recent field work has shown that, contrary to commonly held beliefs, s
ubsistence hunters do not conserve prey resources. Evolutionary ecolog
ists have approached this problem by using foraging theory to show tha
t subsistence hunters prefer short-term returns over the potential lon
g-term returns generated by resource conservation. An important reason
for this outcome is that the resources exploited by subsistence hunte
rs are often open-access, which means that collective-action problems
can ensue. Ownership is critical for conservation to pay, but even if
resources are privately owned high opportunity costs can minimize the
long-term benefits of restraint. Because the benefits of conservation
accrue in the future, the benefits must be discounted. This is because
future benefits may not be realized for a variety of reasons. Recent
efforts to understand evolved human time preference suggest an evolved
discount rate between 2% and 6% annually, depending on many factors.
If the growth rate of a potentially conserved prey population is less
than the discount rate, the long-term benefits of conservation will fa
ll short of the short-term benefits of exploitation.