Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Keyword
- Publication
Articles 1 - 2 of 2
Full-Text Articles in International Economics
Pragmatic Approaches To Patronage, Omer Gokcekus, Ranjana Mukherjee, Nick Manning
Pragmatic Approaches To Patronage, Omer Gokcekus, Ranjana Mukherjee, Nick Manning
Omer Gokcekus
No abstract provided.
Management Of Fisheries In Eu: A Principal-Agent Analysis, Frank Jensen, Niels Vestergaard
Management Of Fisheries In Eu: A Principal-Agent Analysis, Frank Jensen, Niels Vestergaard
Niels Vestergaard
In this paper, an EU tax on fishing effort is studied as an alternative to the system of Total Allowable Catches (TACs). The analysis is conducted under imperfect information, and the hypothesis adopted is that the EU lacks information about the costs of individual fishermen. In light of this imperfection, there are at least two reasons for considering an EU tax. First, it can be used to correct part of the market failure associated with fisheries. Second, it can be used to secure correct revelation of fishermen types in light of asymmetric information.