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We show that grandfathering fishing rights to local users or recognizing first possessions is more dynamically efficient than auctions of such rights. It is often argued that auctions allocate rights to the highest-valued users and thereby maximize resource rents. We counter that rents are not...
Persistent link: https://www.econbiz.de/10012462138
security of property rights. We test these predictions using data on global fisheries, credit markets, and the largest …
Persistent link: https://www.econbiz.de/10013172188
economically efficient extraction paths - is tested empirically with a novel panel data set from global fisheries. Exploiting the …
Persistent link: https://www.econbiz.de/10012457807
We exploit variation in the composition of local fish catches around the time of birth using administrative and census … the causal effects of early-life consumption of methylmercury (MeHg) and DHA, elements contained in fish, on cognitive … development. Using an IV strategy based on an equilibrium model of fish supply that exploits time-series variation in oceanic SST …
Persistent link: https://www.econbiz.de/10012481914
We estimate a dynamic profit-maximization model of a fish wholesaler who can observe consumer characteristics, set … the key features observed in a set of high quality transaction-level data on fish sales collected at the Fulton fish …
Persistent link: https://www.econbiz.de/10012463630
Human beings' domination of the planet has not been kind to many species worldwide. This is to be expected. Humans have radically altered natural landscapes, harvested heavily from the ocean, and altered the climate in an unprecedented way. Recent concerns over the extent and rate of...
Persistent link: https://www.econbiz.de/10014447273
of subsidies on resource extraction. China's fishing fleet is the world's largest, and in 2016 the government changed its …
Persistent link: https://www.econbiz.de/10014247928
The literature on the optimal harvest of fisheries has concentrated on a single fishing area with biomass uncertainty …
Persistent link: https://www.econbiz.de/10012510611
communities in the Amazon -- one of the poorest and most remote regions of the world -- to purchase large boats in order to … partially bypass middlemen and deliver their fish directly to market. We find that the intervention increases income by 27 …
Persistent link: https://www.econbiz.de/10012629441
Extending recent results in the industrial organization literature (Carvajal et al. 2013), we de-rive non-parametric tests of behavior consistent with the tragedy of the commons model. Our approach derives testable implications of such behavior under any arbitrarily concave, differentiable...
Persistent link: https://www.econbiz.de/10012480342