This paper examines the conflict over catch quotas for turbot on the Grand Banks of Newfoundland between the European Union (EU) and Canada. Economic game theory is used to analyse Canadian policy, EU policy, and the ensuing resolution. Recommendations are provided for future agreements...

In this model we consider a federation consisting oftwo geographically separated Regional states withlocal taxing authority. The residents of thefederation are identical in preferences and haveexplicit tolerance to pollution. Pollution is local innature and is a by-product of production implying...