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the current crisis in the world's fisheries, and what needs to be done to address the situation. It explains the structure … success. Many of their actions have been counterproductive or ineffective. What will happen to global fisheries, and the …
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Renewable resources can provide society with (i) resource rent, (ii) consumer surplus and (iii) worker surplus in resource harvesting. In a dynamic analysis we show that privatization increases the present values of consumer surplus and worker surplus if harvesting costs do not depend on the...
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