It is shown that low dispute costs relative to expected resource rents from oceanic resources favor drawn out disputes over maritime boundaries; asymmetric dispute costs favor agreement on boundaries wanted by the low dispute cost state party; and high symmetric dispute costs favor formation of...

The management by means of taxes of a fishery in which the fishing technology of the fleets has different effects on resource is analysed in this paper. This effect can be included in the natural growth of the marine resource function itself. The results show that the tax equilibrium level...

Delineation of the relevant market forms a pivotal part of most antitrust cases. The standard approach is sequential. First the product market is delineated, then the geographical market is defined. Demand and supply substitution in both the product dimension and the geographical dimension will...

We model adoption and diffusion in a commons under uncertainty about a technology’s value. Technological resource stock externalities make technology less valuable with depleted stocks, but transmit information about a new technology’s value, causing faster adoption of high-value technologies.

This paper describes the application of the participatory diagnosis and adaptive management (PDAM) framework to analyze the governance of small-scale fisheries and the potential for adopting the Ecosystem Approach to Fisheries (EAF) in Misamis Occidental, Philippines. Using the Rapid Appraisal...

Using primary data collected from 208 shrimp farming households in West Bengal, this study found that demographic and economic factors influence land-leasing decisions in both traditional and scientific shrimp farming. The Tobit model results indicate that the household’s land holding...

Water resources are crucial for the continuity of life. Humans and living species need fresh water for drinking and sanitation, while most, if not all, industries need water for some part of production processes and products themselves. Access to fresh water is a grand challenge at the global...

This article addresses one of the main threats for the marine ecosystem: Ocean Acidification. Caused by anthropogenic CO2 emissions, it affects the whole marine ecosystem. To cope with it and lower its negative socio-economic effects, it is necessary to adopt a comprehensive adaptation strategy...

Will European companies investing abroad be transmitters of EU environmental policies or environmental dumpers? This article utilizes a most-differentcases approach to analyze transnational corporation (TNC) behavior in countries with less stringent environmental standards. Drawing on rational...

This paper addresses normative exploitation of common renewable resources with changes in technology and technical, allocative, and scale efficiency that exacerbate the commons problem and externality. Their impact depends on the rate and nature of change, investment, and state of property...