Panic-Based Overfishing in Transboundary Fisheries
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DOI: 10.1007/s10640-018-0299-8
Abstract: This paper analyses sustainability of bilateral harvesting agreements in transboundary fisheries. Harvesting countries obtain public and private assessments regarding their stock of fish, and the stock experiences ecological changes. In addition to biological uncertainty, countries… read more here.
Keywords: transboundary fisheries; overfishing transboundary; panic based; based overfishing ... See more keywords
Reporting Choices in the Shadow of Bank Runs
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DOI: 10.1016/j.jacceco.2017.11.005
Abstract: This paper investigates banks’ reporting choices in the context of bank runs. A fundamental-based run imposes market discipline on insolvent banks, but a panic-based run closes banks that could have survived with better coordination among… read more here.
Keywords: reporting discretion; reporting choices; panic based; bank runs ... See more keywords