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I model the ocean as an array of lines set within a two-dimensional frame, and show how the Exclusive Economic Zone emerged as an equilibrium in customary international law. I find that custom codifies the efficient Nash equilibrium of enclosure for nearshore fisheries. For highly migratory and...
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The European Union's policy on fisheries agreements is being conducted against a background of the full exploitation or even overexploitation of the potential of many of the world's renewable marine resources. Nearly 16% of the stocks for which information is available are acknowledged to be...
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