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The advantages and disadvantages of genetic modification of organisms in agriculture are reviewed. These relate to the environment, human health, socio-economic effects, population growth, and differential consequences for developed and developing countries. An overall evaluation requires that...
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game theory to assess the economics of transboundary river water allocation in a simple model of river sharing. This model …We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the … attention to the strategic aspects of transboundary river water allocation. These strategic aspects are captured by employing …
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property is the proportional allocation of nonseparable contribution (PANSC) value, which allocates the total worth …
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This paper describes a classroom experiment that illustrates the research and development investment incentives facing … decisions then production decisions. The classroom game can be used to motivate discussions of research joint ventures, the free …-rider problem, collusion, and antitrust policy regarding research and development. …
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This note provides a methodological contribution to the allocation of joint revenues obtained from passepartouts. In a … unlimited number of times during a fixed period of time. The corresponding allocation problem is then how to share the total … appropriate allocation rule. …
Persistent link: https://www.econbiz.de/10011380133
In this paper the efficient allocation of natural recreational areasis analysed. Natural recreational areas have the … features of publicgoods. We present the efficient allocation of this non-excludablepublic good in a rational general … further empirical research. Finally anempirical application for the Galician case is presented. Our resultssuggest that …
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