This paper deals with the application of a dynamic model, combining Transaction Cost Economics (TCE) and Penrose’s theory of the growth of firms, under the New Institutional Economics (NIE) terms, to analyze and manage the “Agribusiness Innovation System” (SIE) coordinated by an agricultural research-development (R&D) organization in Brazil – Embrapa....
During the IIFET 2000 meeting, one session was set aside to discuss issues raised in an article by Richard H. Thaler entitled "From
Homo Economicus to Homo Sapiens," in a recent (2000) issue of The Journal of Economic Perspectives 14(1): 133-141. The session
began with the following summary of some...
The rapidly changing production processes in aquaculture has required large investments from fish framers, and over the last decades the demand for insurance to share and cover the risks involved has increased significantly within the aquaculture sector. On the other side, the availability of commercial aquaculture insurance is not widespread,...
The paper presents main achievements of the Vietnamese seafood industry in the last ten years (1998-2007) - a special period with revolutionary developments, in which seafood processing and export sector has gained breakthroughs in both quantity and quality, motivating the whole industry to take off. From a small and unknown...
The paper presents a spreadsheet based benefit-cost framework for assessing the net benefits of domestic
tuna processing to the resource-owning nation. The framework has a number of advantages including
transparency, flexibility, and a check on internal consistency. The case study examines the effects of a
range of tax, access fee...
All the Arab countries are producers of fish from marine, inland and aquaculture sources. Total fish production in 1994, as reported by FAO, reached 1.67 million tons. The estimated resource potential is in the range of 3-4 million tons. Trade in fish and fishery products in most countries is considerable...
Factors influencing the emergence of collective action are studied using survey data from individual boat owners from Barka, Masn’a and Suwaiq. Fishermen who adopt a cooperative strategy tend to be more risk averse and have high economic dependence on the common property resources. Social identity as a fisherman also appears...
This paper considers the regulation of a natural resource within a dynamic common agency framework. In setting harvest quotas, the regulator responds to lobbying pressure (contributions) from harvesters and conservationists. The truthful Markov perfect equilibrium stock is then an increasing function of the effective political weight for conservationists. Since the...
The University of British Columbia based Global Ocean Economics Project will, in its second phase, be
addressing the issue of the rebuilding of hitherto overexploited capture fisheries. In so doing, it looks
forward to working closely with the OECD. The paper argues that the first step in this second phase...
The development of several sub-fields of general economics, including those of bounded rationality, institutional economics and the evolutionary economics, has expanded the scope and intensity of the dialogue both within economics, as well as between economists and other scientists. One of the more important preoccupations of early evolutionary economics was...