Climate change threatens to alter coastline erosion patterns in space and time and coastal communities adapt to these threats with decentralized shoreline stabilization measures. We model strategic interaction between two neighboring towns, and explore welfare implications of spatial-dynamic...

United States fisheries are managed by regional councils. Fishermen can participate in fisheries managed by multiple councils, and effort controls in one region could lead to effort leakage into another. Using difference-in-differences, we test for leakage across regional fisheries boundaries...