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enforcement of long-term illegal trade relations, and may even provide an effective enforcement mechanism for occasional (one …-shot) illegal transactions, which would not be enforceable otherwise. -- Law enforcement ; Self-reporting ; Corruption ; Crime …
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This empirical study examines welfare gains and losses that would result from alternative fishery management regimes. In an application to the North Sea demersal fisheries, the study shows that these fishery resources can give rise to large economic rent. Under an optimal management regime, the...
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