Rent-seeking in the U.S. Atlantic sea scallop fishery is described. Resource and trade disputes caused the U.S. fishing industry, including scallopers, to lobby Congress for extended federal jurisdiction in 1977. The sea scallop fishery soon overcapitalized as fishermen captured non-exclusive resource rents. Limited entry was introduced in 1994, but an...
An ecological study of small forest mammals was conducted
from 1964 to 1970. The objectives were to obtain chronological information
relative to the effects of current logging practices on vegetational
succession and small mammal populations.
The locale of the study was in the west-central Cascade Mountains
of Oregon. The principal...
Among the questions that ecosystem-based management raises for economists is how to partition uses of the many biological, chemical and physical attributes of marine ecosystems into sets of property rights that undergird total ocean wealth. An elemental basis of property rights for fisheries involves the interplay between ecological and technological...
