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Technological switching and re-switching has been the subject of debates within economics. Under
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Economists studying the management of fisheries have universally assumed disturbances affecting harvest costs are unrelated to disturbances affecting biological growth. This paper gives examples of commercially...
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Capacity reduction programs in the form of buybacks or decommissioning programs have had relatively widespread application in fisheries in the US, Europe and Australia. A common criticism of such programs is...
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