This paper deals with risk and uncertainties that are an inherent part of
designing and implementing fisheries rebuilding plans. Such risk and
uncertainties stem from a variety of sources, biological, economic and/or
political factors, and are influenced by external factors like changing
environmental conditions. The aim of this paper is...
Many international fisheries agreements involve sharing rules. These rules are normally stable rules, not contingent on shifts in the relative distribution or development of the resource. In the latest IPCC report,
the most likely future scenario is an increase in the global mean temperature, and most severely in high
latitudes....
This paper seeks to address how political risk influences behaviour, in particular rent seeking behaviour. Such risk is important in many industries, which posts challenges both for policy makers and economic agents. This paper studies how political uncertainty affects rent seeking, and what level of political uncertainty is optimal for...