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This paper seeks to investigate the following issues: What is the resulting out-come, when regulation is determined by interest groups that compete for influ-ence over the regulatory process? Given this, can we predict how climate change related changes in the underlying biological factors will...
Persistent link: https://www.econbiz.de/10010321963
This paper considers the policy outcome of a contest between two opposing in-terest groups: the incumbent fishermen and a group of conservationalists. The objective of the fishermen is to maximize profit, and they are (partly) concerned over future profitability as well, while the...
Persistent link: https://www.econbiz.de/10010321964
The paper sets up a discrete-time, deterministic, coalition game model among the major agents exploiting the cod stock in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one-point solution concepts. The paper identifies the problem with...
Persistent link: https://www.econbiz.de/10010321960