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When abatement costs are uncertain, but correlated, and a country becomes pri-vately informed that costs are low, then unilateral actions serve as a signalling devise to reveal low costs and unilateral actions have the potential to trigger positive responses abroad. However, the country engaging...
Persistent link: https://www.econbiz.de/10010321933
Ofte fremhæves det, at økonomi som fagdisciplin har vundet videnskabelig sta-tus og progressivitet gennem specialisering (fra generalist til partiel ekspert) og anvendelse af en naturvidenskabelig inspireret metodologisk approach. Med en sådan udviklingstendens har økonomer da også i dag...
Persistent link: https://www.econbiz.de/10010321935
This paper treats illegal landings as a moral hazard problem that arises, since individual catches are unobservable to society and hence private information. A tax/subsidy mechanism taking into account the asymmetric information problem is formulated as a solution to problems with illegal...
Persistent link: https://www.econbiz.de/10010321939
Many international fisheries agreements involve sharing rules. The current pa-per analysis the stability of sharing rules when coping with long run changes in the composition of fish stocks in an international setting due to climate change. The exploitation of the cod stock in the Baltic Sea...
Persistent link: https://www.econbiz.de/10010321945
Game theory is an analytical tool for modeling strategic interaction between agents. Strategic interaction in fishery … study on the fishery economics and game theory. It tends to describe how fishery models using game theory are build up … describes different types of fishery and how these types are related to game theory. Special features as externalities and …
Persistent link: https://www.econbiz.de/10010321949
The paper sets up a four-stage enforcement model of fish quotas. The purpose of the paper is to show how the level of enforcement set by the authorities af-fects the way fishermen form coalitions. We show that a high level of control effort yields less cooperation among fishermen, while in the...
Persistent link: https://www.econbiz.de/10010321953
This paper considers the policy outcome of a contest between two opposing in-terest groups: the incumbent fishermen and a group of conservationalists. The objective of the fishermen is to maximize profit, and they are (partly) concerned over future profitability as well, while the...
Persistent link: https://www.econbiz.de/10010321964
Real life implies that public procurement contracting of renewable resources results in repeated interaction between a principal and the agents. The present paper analyses ratchet effects in contracting of renewable resources and how the presence of a resource constraint alters the "standard"...
Persistent link: https://www.econbiz.de/10010321970
Persistent link: https://www.econbiz.de/10010322039
In Zusammenhang mit der Diskussion um eine nachhaltige Entwicklung in Deutschland werden ökonomische Steuerungsinstrumente erörtert, deren Einsatz auf eine Begrenzung des durch kommunale Baugebietsausweisungen induzierten "Flächenverbrauchs" abzielt. Vor diesem Hintergrund wird in dem...
Persistent link: https://www.econbiz.de/10010322040