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Many ocean fisheries are subject to a fundamental economic problem generally referred to as the common property problem. The common property problem manifests itself as excessive fishing fleets and fishing effort, depressed fish stocks and little or no profitability of the fishing activity,...
Persistent link: https://www.econbiz.de/10010321928
Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the mechanism currently employed by the German central...
Persistent link: https://www.econbiz.de/10010307931
Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the mechanism currently employed by the German central...
Persistent link: https://www.econbiz.de/10010286341
Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the mechanism currently employed by the German central...
Persistent link: https://www.econbiz.de/10010281521
In most multi-species fisheries managed through output controls, total allowable catches (TACs) are set primarily on the basis of biological considerations, usually on a species by species basis. An implicit assumption of management is that fishers are able to adjust their product mix in line...
Persistent link: https://www.econbiz.de/10011324915
In Weitzman (1974) the choice between price and quantity regulation under imperfect information is analysed. It is … regulation is preferred over price regulation, while price regulation is preferred over quantity regulation if the marginal …
Persistent link: https://www.econbiz.de/10010321957
The paper shows how aggregate AS-AD can be derived within the standard neoclassical dynamic setting known as the Ramsey-Cass- Koopmans (RCK) model. AS-AD is the stationary equilibrium of the deterministic dynamic general equilibrium framework. The derivation builds a permanent income type...
Persistent link: https://www.econbiz.de/10010494535
Persistent link: https://www.econbiz.de/10011695835
Die Preise für wissenschaftliche, technische und medizinische (WTM) Fachzeitschriften sind in den letzten 20 Jahren dramatisch gestiegen. Die unterschiedlichen Preisentwicklungen zwischen kommerziellen und nichtkommerziellen Verlagen ist dabei nicht durch unterschiedliche Kostenentwicklungen zu...
Persistent link: https://www.econbiz.de/10010377726
We investigate the impact of exogenous local conditions which favour high market concentration on supply, price and … supply capacity as a market outcome alongside price and quality; (ii) taking account of the chain structure of care home … supply and differences between the nursing home and residential care home sectors; (iii) introducing a new econometric …
Persistent link: https://www.econbiz.de/10012388801