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Individual Transferable Quotas Versus Taxation in Free Entry
Okumura, Yasunori - 2018
In this paper, we consider a market where potential firms, which are allowed to be asymmetric, can freely enter and exit, and the total output would be socially excessive without any regulation. The effects of two alternative regulatory policies in the market: the individually transferable quota...
Persistent link: https://www.econbiz.de/10012919066
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The value of information in a congested fishery
Englander, Gabriel; Karp, Larry S.; Simon, Leo K. - 2022
We model a fishery with potential congestion; fishers obtain both public and private signals about the location where the fish stock is densest. We extend the literature by including both a larger parameter region and correlation between public and private signals. We analytically determine the...
Persistent link: https://www.econbiz.de/10013292785
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Multi-Agent, Multi-Site Harvesting Allocation Under Quotas With a Stackelberg Leader and Network Externalities
Xepapadeas, Petros - 2022
We study a harvesting allocation problem consisting of a given number of fishers and a given number of fishing sites. We develop a framework in which one fisher is designated as Stackelberg leader, while the rest are followers. Moreover we introduce network externalities by taking into account...
Persistent link: https://www.econbiz.de/10014243869
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Quota Enforcement and Capital Investment in Natural Resource Industries
Lazkano, Itziar - 2015
fisheries. Over-extraction and over-capacity represent two of the main fisheries management challenges, and we aim to model and …
Persistent link: https://www.econbiz.de/10013016089
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The Public Trust Doctrine in Environmental and Natural Resources Law, 3rd Edition
Blumm, Michael C.; Wood, Mary C. - 2021
The public trust doctrine is an ancient doctrine of public property law that governs sovereign stewardship of natural resources. The doctrine both promote public access to trust resources and requires sovereign protection of them for the benefit of the public, including future generations. The...
Persistent link: https://www.econbiz.de/10013249280
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Spillovers in Regional Fisheries Management : Do Catch Shares Cause Leakage?
Cunningham, Sam; Bennear, Lori Snyder; Smith, Martin D. - 2014
United States fisheries are managed by regional councils. Fishermen can participate in fisheries managed by multiple … for leakage across regional fisheries boundaries for a catch share program in New England. We find evidence that the New … England groundfish sector program caused leakage into adjacent Mid-Atlantic fisheries. Aggregate Mid-Atlantic harvest volume …
Persistent link: https://www.econbiz.de/10014143892
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The Effects of ITQ Management on Fishermen's Welfare when the Processing Sector is Imperfectly Competitive
McEvoy, David M.; Brandt, Sylvia; Lavoie, Nathalie; … - 2007
implications are relevant to all fisheries with similar industry structure. Our results show that ITQs could have a negative impact …
Persistent link: https://www.econbiz.de/10014051915
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Addressing the Climate Problem : Choice between Allowances, Feed-In Tariffs and Taxes
Amundsen, Eirik S. - 2018
Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of “green” electricity, a given expansion of “green” electricity, and a given reduction of...
Persistent link: https://www.econbiz.de/10012920348
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Addressing the climate problem : choice between allowances, feed-in tariffs and taxes
Amundsen, Eirik Schrøder; Andersen, Peder; Birk … - 2018
Instruments chosen to pursue climate related targets are not always efficient. In this paper we consider an economy with three climate related targets for its electricity generation: a given share of "green" electricity, a given expansion of "green" electricity, and a given reduction of "black"...
Persistent link: https://www.econbiz.de/10011804156
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Catastrophes and expected marginal utility : how the value of the last fish in a lake is infinity and why we shouldn't care (much)
Nævdal, Eric - 2015 - This version March 2015
finite time at almost any cost. The results are illustrated in a simple linear-quadratic fisheries model, but proven for a …
Persistent link: https://www.econbiz.de/10010530538