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Evaluating the New Zealand Individual Transferable Quota Market for Fisheries Management
Kerr, Suzi; Newell, Richard; Sanchirico, Jim - EconWPA - 2003
fashion and that the markets are relatively efficient. We do not find major changes in participation in these fisheries as a … result of the system. We find evidence that suggests that the ITQ system is improving the profitability of fisheries in New …
Persistent link: https://www.econbiz.de/10005556161
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Cost sharing and catch sharing
Matthiasson, Thorolfur - EconWPA - 1996
The model developed in this paper attempts to provide an explanation of the fact that Icelandic vessel owners and Icelandic skippers do not share costs of operation of a vessel. In the model a skipper is contracted to take a fishing vessel to the fishing ground. The skipper is remunerated with a...
Persistent link: https://www.econbiz.de/10005407708
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BIOECONOMICS OF SUSTAINABLE HARVEST OF COMPETING SPECIES: A COMMENT
Neugebauer, Tibor - EconWPA - 2005
Flaaten’s (1991) study on competing species conjectures that a higher price (harvesting costs) of one species yields a lower (greater) own stock-size and a greater (lower) stock-size of the competing species. I show both conjectures are wrong.
Persistent link: https://www.econbiz.de/10005407779
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Fixed wage or share: Contingent contract renewal and skipper motivation
Matthiasson, Thorolfur - EconWPA - 1997
sharing in fisheries. …
Persistent link: https://www.econbiz.de/10005408330
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The Determinants of Property Rights In U.S. Marine Fisheries
Kincaid, Joel - EconWPA - 2003
Using a sample of fisheries managed under the Magnuson Act, a probit model of the probability of property rights …
Persistent link: https://www.econbiz.de/10005076643
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The Icelandic debate on the case for a fishing fee: A non- technical introduction
Matthiasson, Thorolfur - EconWPA - 2000
possibilities for growth in those sectors and links their performance to fisheries performance. Then there are arguments for …
Persistent link: https://www.econbiz.de/10005076852
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Changing rules for regulation of Icelandic fisheries
Matthiasson, Thorolfur - EconWPA - 2000
of Icelandic fisheries. None of these reformatory processes can be said to be a replica of any of the other processes. It … common pattern for all the fisheries, however. First of all, serious attempts to reform management practices start when the … participants has been closed. Fourthly, prior to the invention of the ITQ system, prices were used to manage fisheries in Iceland …
Persistent link: https://www.econbiz.de/10005076884
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Learning versus Diversification in Project Choice
Subramanian, Narayanan; Menon, Nidhiya - EconWPA - 2004
We study the issue of project choice when a risk-averse agent must choose whether to invest in two projects of the same type (focus) or of different types (diversification). Projects of the same type are subject to common type-specific shocks. Hence focusing is more risky within each period, but...
Persistent link: https://www.econbiz.de/10005407512
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Policy Uncertainty and Long-Run Investment and Output across Countries
Jeong, Byeongju - EconWPA - 2001
I explore how and and to what extent policy uncertainty can account for the observed long-run cross-country differences in capital price and levels of aggregate investment and output. I present a model economy where the industry-level policy-related investment cost is uncertain. Holding the...
Persistent link: https://www.econbiz.de/10005407527
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Quantum Market Games
Piotrowski, E. W.; Sladkowski, J. - EconWPA - 2001
We propose a quantum-like description of markets and economics. The approach has roots in the recently developed quantum game theory. Quantum Zeno paradoxes and noncomutative quantum mecanics are also discussed.
Persistent link: https://www.econbiz.de/10005407589