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Cari koleksi dengan cepat sesuai kebutuhan Anda.Scope and compatibility of measures in international fisheries agreements� uses game theory and bioeconomic modelling to break important ground and provides a real contribution to the economics of international fisheries agreements (IFAs). In this comment we wish to raise two issues relevant to the modelling framework used in the article that is one widely adopted in this area. The first …
We set up a model that captures the spatial dimension of international fisheries in legal (i.e., internationally accessible high seas versus state-owned exclusive economic zones) and biological (i.e., various intensities of fish migration between zones) terms. We compare the success of regional fishery management organizations (RFMOs) for the first-best and two alternative management scenarios,…
Contractual inefficiencies within supply chains increase an input price above its marginal cost, therefore they are considered detrimental to consumer surplus. We argue that such inefficiencies may be beneficial to consumers in qualitydifferentiated markets. Indeed, enhancing contractual efficiency in high-quality supply chains may adversely affect the market structure by driving low-quality ve…
This article investigates the association between stock market activity and mental well-being, exploiting the availability of interview dates in the British Household Panel Survey to match changes in the FTSE 100 stock price index to respondents over the period 1991�2008. We present evidence that annual changes in the price index are associated with better mental well-being whilst greater …
I investigate the consequences of long-run persistence of a society�s preferences for cultural goods. Historical cultural activity is approximated with the frequency of births of music composers during the Renaissance and is linked with contemporary measures of cultural activity in Italian provinces. Areas with a 1% higher number of composer births nowadays show an up to 0.29% higher suppl…