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R. QUENTIN GRAFTON Crawford School of Economics and Government, Australian National University, Canberra, ACT, Australia TOM KOMPAS Crawford School of Economics and Government, Australian National University, and Australian Bureau of Agricultural and Resource Economics, Canberra, ACT, Australia PHAM VAN HA Crawford School of Economics and Government,(More)
Most successful invasive species eradication programs were applied to invasions confined to a small area. Invasions occupying large areas at a low density can potentially be eradicated if individual infestations can be found at affordable cost. The development of low cost aerial surveillance methods allows for larger areas to be monitored but such methods(More)
Using examples from more than a dozen fisheries, we highlight the failures of 'command control' management and show that approaches that empower fishers with the incentives and the mandate to be co-custodians of the marine environment can promote sustainability. Evidence is provided that where harvesters share well-defined management responsibilities over(More)
To help manage the fluctuations inherent in fish populations scientists have argued for both an ecosystem approach to management and the greater use of marine reserves. Support for reserves includes empirical evidence that they can raise the spawning biomass and mean size of exploited populations, increase the abundance of species and, relative to reference(More)
Surveillance programs on farms and in the local environment provide an essential protection against the importation and spread of exotic diseases. Combined with border quarantine measures, these programs protect both consumers and producers from major health concerns and disease incursions that can potentially destroy local agricultural production and(More)
Economists have long argued that a fishery that maximizes its economic potential usually will also satisfy its conservation objectives. Recently, maximum economic yield (MEY) has been identified as a primary management objective for Australian fisheries and is under consideration elsewhere. However, first attempts at estimating MEY as an actual management(More)
This paper analyses the properties of the fixed-effects vector decomposition estimator, an emerging and popular technique for estimating time-invariant variables in panel data models with group effects. This estimator was initially motivated on heuristic grounds, and advocated on the strength of favorable Monte Carlo results, but with no formal analysis. We(More)
EXTENDED ABSTRACT In this paper, we reanalyze Medical Innovation, the classic study on diffusion of Tetracycline by Coleman, Katz and Menzel (1966). Medical Innovation articulates how different patterns of interpersonal communications can influence the diffusion process at different stages of adoption. In their pioneering study, individual network(More)