Diekert, Florian; Lund, Kristen; Schweder, Tore - Økonomisk institutt, Universitetet i Oslo - 2014
Understanding the eect of introducing property rights to natural resources is central in economics, but empirical analysis is frustrated by the complexity of socioecological systems. We construct a detailed bio-economic model of the Norwegian coastal cod shery, which was closed after 1989, to...