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We present a bioeconomic model of a harvesting industry operating over a heterogeneous environment comprised of discrete biological populations interconnected by dispersal processes. The model generalizes the H. S. Gordon [1954]/V. Smith [1968] model of open-access rent dissipation by accounting...
Persistent link: https://www.econbiz.de/10009446694
We develop a dynamic model of livestock disease and decentralized economic behavior as a jointly-determined system. By accounting for feedbacks between behavioral choices and disease outcomes we capture the endogenous nature of infection risks. We consider government mandated testing of...
Persistent link: https://www.econbiz.de/10009444700
'public finance', 'political economy', 'growth theory', 'human capital theory', and 'innovation-driven growth theory …'.The first project reveals that the prevailing notion of education externalities is misleading and therefore empirical … externalities of education according to Lucas (1988) are likely to be internalized on the labor market. Education is recognized as a …
Persistent link: https://www.econbiz.de/10009475316
of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader … conducted. A distinction is made between two types of appropriation externalities: those that are restricted to a single period …
Persistent link: https://www.econbiz.de/10009468337
externalities, however, efficiency may no longer be guaranteed.This dissertation shows that a modification of Ausubel & Milgrom … presence of externalities, the resulting auction possessesan efficient Nash equilibrium in pure strategies leading to a core … strategy. The auction is augmented to includeexplicitly the auctioneer's preferences over final outcomes. Externalities …
Persistent link: https://www.econbiz.de/10009450582
The fisheries resources within the EEZs of countries in the Organization of Eastern Caribbean States is not being exploited at their maximum sustainable yield. Fisheries development has however been hampered by a history of these states, little or no sectoral development planning. If member...
Persistent link: https://www.econbiz.de/10009455851
The New England fishing industry is presented in detail including an historical review, a discussion of current difficulties, and an examination of the public policy dilemma between resource conservation and industry promotion. Continuing efforts to revitalize the United States fishing industry...
Persistent link: https://www.econbiz.de/10009455854
The only way resources can be efficiently allocated in our market system is if prices of resources, goods, and services properly reflect their true value to society. However, because of (a) imperfections in the pricing mechanisms that currently influence private-sector decision making; (b) the...
Persistent link: https://www.econbiz.de/10009436739
National laboratories have limited resources to devote to the transfer of government-funded technologies to the commercial sector. Companies, too, face resource constraints in their attempt to identify and assimilate innovations which fit with their strategic objectives. For these reasons,...
Persistent link: https://www.econbiz.de/10009437396
Currently the gold mining industry is taxed differently to other industries. It is taxed on a two-tier system. The nature of the gold mining tax formula encourages the mining of marginal gold ores. Firms that are involved in the mining of gold are subjected to a "tax tunnel", which is a tax free...
Persistent link: https://www.econbiz.de/10009457823