Showing 11 - 20 of 111,379
This paper estimates a structural model of multiple-species harvesting costs in the easternGulf of Mexico reef fish fishery. The calibrated model is used to predict fleet size, vessellevelharvesting activity and fleet-wide revenues and costs that are expected under a proposedindividual fishing...
Persistent link: https://www.econbiz.de/10009360804
This paper considers the problem of multi-species fisheries managementwhen targeting individual species is costly and at-sea discards of fish by fishermenare unobserved by the regulator. Stock conditions, ecosystem interaction, technologicalspecification, and relative prices under which at sea...
Persistent link: https://www.econbiz.de/10009360818
This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how much care to exercise (at what speed to travel) to...
Persistent link: https://www.econbiz.de/10014023514
. We also study the informative role played by producers (lobbies) in revealing valuable information. We find that … producers reveal more information when the effects of harmful consumption on health are long lasting. Our results are robust to …
Persistent link: https://www.econbiz.de/10011608574
ecological dumping. It turned out that harmonised policies are rarely optimal under perfect information, but some rationale for … them is granted when asymmetric information between the Commission and national governments is considered. This paper … information, it makes harmonisation a much more attractive option. Under asymmetric information, it affects the governments …
Persistent link: https://www.econbiz.de/10014172904
In this paper we experimentally test a theory of boundedly rational behavior in a "lemons market." We analyzed two different market designs, for which perfect rationality implies complete and partial market collapse, respectively. Our empirical observations deviate substantially from these...
Persistent link: https://www.econbiz.de/10010506629
The paper sketches out a theoretical framework for analysing the interplaybetween eco-efficiency, cognition and institutions. It derives from analyticalshortfalls of the prevailing literature, which features strongly engineering andbusiness economics, by using insights from New Institutional...
Persistent link: https://www.econbiz.de/10010306201
Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation....
Persistent link: https://www.econbiz.de/10010325616
The issue of global warming has become a major topic in the international environmental debate. Alternative climate policy measures can be evaluated with the help of a simulation model that integrates economic and natural science considerations. A fully integrated assessment of the two-way...
Persistent link: https://www.econbiz.de/10010333018
When economic agents decide their optimal environmental behavior, they have to take into account non continuos evolutionary trends and irreversible changes characterising environmental phenomena. Given the still non perfect biophysical and economic knowledge, decisions have to be taken in an...
Persistent link: https://www.econbiz.de/10011608543