scholarly journals Can Catch Shares Reduce the US Federal Deficit?

2010 ◽  
Vol 3 (4) ◽  
Author(s):  
Dietmar Grimm ◽  
Judd Boomhower ◽  
Jason Blau
Keyword(s):  
2020 ◽  
Vol 58 (4) ◽  
pp. 1199-1201

Alberto Bisin of New York University reviews The Defcit Myth: Modern Monetary Theory and the Birth of the People’s Economy,“ by Stephanie Kelton. The Econlit abstract of this book begins: “Examines the US federal deficit and its relationship to the economy through the lens of modern monetary theory (MMT), focusing on dispelling misunderstandings about the national deficit that have shaped the public discourse.”.


2019 ◽  
Vol 76 (12) ◽  
pp. 2377-2389 ◽  
Author(s):  
Peter T. Kuriyama ◽  
Daniel S. Holland ◽  
Lewis A.K. Barnett ◽  
Trevor A. Branch ◽  
Robert L. Hicks ◽  
...  

Catch share systems are generally expected to increase economic rents in fisheries by increasing harvest efficiency, reducing capital costs through consolidation, and increasing the value of landed catch. However, these benefits may have costs, as consolidation and the potential for associated change in spatial distribution in landings can hinder social objectives such as maintaining access for fishery-dependent communities and small owner-operators. Achievement of such fishery management objectives are determined by changes in fisher behavior, which may be complex and difficult to predict. Predicting fisher behavior is particularly challenging in multispecies fisheries, in which the mix of species is a determinant of where and when fishing effort and landings occur. We evaluate changes in overall fishing effort, species targeting, and determinants of fishing location choice in response to catch shares in the US West Coast Groundfish Trawl Fishery. We found reductions in total fishing effort, increased targeting of some species, and no evidence of spatial effort concentration. Key determinants of location choice (distance, expected revenue, and recently fished locations) were similar among time periods, but after catch shares there was more avoidance of areas that lacked recent fishing activity or associated information with which to develop expectations of catch and bycatch. Additionally, location choice remained constant with up to 100-fold financial penalties on bycatch species.


2004 ◽  
Vol 32 (1) ◽  
pp. 181-184
Author(s):  
Amy Garrigues

On September 15, 2003, the US. Court of Appeals for the Eleventh Circuit held that agreements between pharmaceutical and generic companies not to compete are not per se unlawful if these agreements do not expand the existing exclusionary right of a patent. The Valley DrugCo.v.Geneva Pharmaceuticals decision emphasizes that the nature of a patent gives the patent holder exclusive rights, and if an agreement merely confirms that exclusivity, then it is not per se unlawful. With this holding, the appeals court reversed the decision of the trial court, which held that agreements under which competitors are paid to stay out of the market are per se violations of the antitrust laws. An examination of the Valley Drugtrial and appeals court decisions sheds light on the two sides of an emerging legal debate concerning the validity of pay-not-to-compete agreements, and more broadly, on the appropriate balance between the seemingly competing interests of patent and antitrust laws.


2000 ◽  
Vol 16 (2) ◽  
pp. 107-114 ◽  
Author(s):  
Louis M. Hsu ◽  
Judy Hayman ◽  
Judith Koch ◽  
Debbie Mandell

Summary: In the United States' normative population for the WAIS-R, differences (Ds) between persons' verbal and performance IQs (VIQs and PIQs) tend to increase with an increase in full scale IQs (FSIQs). This suggests that norm-referenced interpretations of Ds should take FSIQs into account. Two new graphs are presented to facilitate this type of interpretation. One of these graphs estimates the mean of absolute values of D (called typical D) at each FSIQ level of the US normative population. The other graph estimates the absolute value of D that is exceeded only 5% of the time (called abnormal D) at each FSIQ level of this population. A graph for the identification of conventional “statistically significant Ds” (also called “reliable Ds”) is also presented. A reliable D is defined in the context of classical true score theory as an absolute D that is unlikely (p < .05) to be exceeded by a person whose true VIQ and PIQ are equal. As conventionally defined reliable Ds do not depend on the FSIQ. The graphs of typical and abnormal Ds are based on quadratic models of the relation of sizes of Ds to FSIQs. These models are generalizations of models described in Hsu (1996) . The new graphical method of identifying Abnormal Ds is compared to the conventional Payne-Jones method of identifying these Ds. Implications of the three juxtaposed graphs for the interpretation of VIQ-PIQ differences are discussed.


2020 ◽  
Vol 36 (2) ◽  
pp. 427-431
Author(s):  
Aurelie M. C. Lange ◽  
Marc J. M. H. Delsing ◽  
Ron H. J. Scholte ◽  
Rachel E. A. van der Rijken

Abstract. The Therapist Adherence Measure (TAM-R) is a central assessment within the quality-assurance system of Multisystemic Therapy (MST). Studies into the validity and reliability of the TAM in the US have found varying numbers of latent factors. The current study aimed to reexamine its factor structure using two independent samples of families participating in MST in the Netherlands. The factor structure was explored using an Exploratory Factor Analysis (EFA) in Sample 1 ( N = 580). This resulted in a two-factor solution. The factors were labeled “therapist adherence” and “client–therapist alliance.” Four cross-loading items were dropped. Reliability of the resulting factors was good. This two-factor model showed good model fit in a subsequent Confirmatory Factor Analysis (CFA) in Sample 2 ( N = 723). The current finding of an alliance component corroborates previous studies and fits with the focus of the MST treatment model on creating engagement.


2018 ◽  
Vol 34 (2) ◽  
pp. 87-100 ◽  
Author(s):  
Gino Casale ◽  
Robert J. Volpe ◽  
Brian Daniels ◽  
Thomas Hennemann ◽  
Amy M. Briesch ◽  
...  

Abstract. The current study examines the item and scalar equivalence of an abbreviated school-based universal screener that was cross-culturally translated and adapted from English into German. The instrument was designed to assess student behavior problems that impact classroom learning. Participants were 1,346 K-6 grade students from the US (n = 390, Mage = 9.23, 38.5% female) and Germany (n = 956, Mage = 8.04, 40.1% female). Measurement invariance was tested by multigroup confirmatory factor analysis (CFA) across students from the US and Germany. Results support full scalar invariance between students from the US and Germany (df = 266, χ2 = 790.141, Δχ2 = 6.9, p < .001, CFI = 0.976, ΔCFI = 0.000, RMSEA = 0.052, ΔRMSEA = −0.003) indicating that the factor structure, the factor loadings, and the item thresholds are comparable across samples. This finding implies that a full cross-cultural comparison including latent factor means and structural coefficients between the US and the German version of the abbreviated screener is possible. Therefore, the tool can be used in German schools as well as for cross-cultural research purposes between the US and Germany.


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