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Some perspectives of neo-institutional economics are used to reexamine the common pool fishery. Applications of properly rights theory in models simulating the evolution of fisheries management suggest that even in the presence of positive information and transactions costs (ITCs), resource...
Persistent link: https://www.econbiz.de/10009444678
As a means of handling the problem of input modeling forstochastic simulation experiments, we build upon previous workof Wagner and Wilson using Bézier distributions. Wagner andWilson proposed a likelihood ratio test to determine how manycontrol points (that is, parameters) a Bézier...
Persistent link: https://www.econbiz.de/10009431238