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Quotas are frequently used in the management of renewable resources and emissions. However, in many industries there is concern about their basic effectiveness due to non-compliance. We develop an enforcement model of a quota-regulated resource and focus on a situation with significant...
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Large variation in stock dynamics affects the accuracy of stock estimates, which fisheries managers rely on when determining quotas and other regulations. The purpose of this paper is to investigate the implications of uncertainty on pulse fishing. We show that as the variance of the random...
Persistent link: https://www.econbiz.de/10010987546
Many countries have actively encouraged the production of biofuels as a low-carbon alternative to the use of fossil fuels in transportation. To what extent do these trends imply a reallocation of scarce land away from food to fuel production? This paper critically reviews the small but growing...
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The paper reviews and summarises the literature on regulatory enforcement in fisheries. The focus is on the theoretical literature. First, some of the main contributions from the general economic literature of law enforcement are presented, along with extensions that are considered relevant to...
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