Results of a postal survey of participants in the 1997 central and lower Cook Inlet saltwater halibut and salmon sport fisheries are reported and compared with the results of the 1997 Alaska Department of Fish and Game (ADF&G) statewide sportfishing harvest survey and the 1998 ADF&G saltwater...

This study is similar to other cost of government services studies that have been conducted in the United States and represents the second study done in Utah. But the results are different from previous studies in two important ways. First, the estimated payment of taxes by the...

As traditional methods of municipal solid waste management (MSWM) become increasingly expensive due to increased regulation, many local governments are considering cooperation as a waste management strategy. A theoretical model is used to specify a partial observability probability model in...

Economic prescriptions for the sustainable management of fisheries have typically been framed in the context of commercial fisheries. Fishery management failures have been characterized as a consequence of disjointedness between individually rational decisions and globally sensible...

This paper presents a tight relationship between evolutionary game theory and distributed intelligence models. After reviewing some existing theories of replicator dynamics and distributed Monte Carlo learning, we make formulations and proofs of the equivalence between these two models. The...

Beef packing has become an extremely concentrated industry, yet studies have found that little, if any, market power exists. We propose and test alternative measures of behavior that may better describe how packers control purchases from feedlots, using confidential data collected by the USDA...

Alternative dispute resolution (ADR) procedures, such as mediation and arbitration, are becoming increasingly used to help resolve disputes in a variety of areas. Among ADR procedures, mediation is the most utilized yet least analyzed procedure. This article examines negotiations and dispute...

This paper reports on the use of carrot (positive) and stick (negative) incentives as methods of increasing effort among members of work teams. We study teams of four members in a laboratory environment in which giving effort towards the team goal is simulated by eliciting voluntary...

Recent empirical studies reveal that monetary shocks cause persistent fluctuations in inflation and aggregate output. In the literature, few mechanisms have been identified to generate such persistence. In this paper, we propose a new mechanism that does so. Our model features an input-output...

There is some debate about whether firms advertise too much or too little. We present a simple model to examine the incentives of a firm to advertise, and distinguish between the market expansion effects and business stealing effects of advertising. When products are homogeneous, firms advertise...