A Dynamic Model of Mesh Size Regulatory Compliance
This paper employs a dynamic model for crimes that involve time and punishment to analyze the use of a net with illegal mesh size in a management regime where each community claims territorial use right over a fishery but has a discount rate that may differ from the social discount rate. The equilib...
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| Format: | Article |
| Language: | English |
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Western Agricultural Economics Association
2010-04-01
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| Series: | Journal of Agricultural and Resource Economics |
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| Online Access: | https://ageconsearch.umn.edu/record/61059 |