Generating Enhanced Fishery Rents by Internalizing Product Quality Characteristics

This paper demonstrates howadditional rents are generated in a fisherycharacterized by intraseasonal variation infish characteristics, including size,condition, and composition. Based on anexpanded conceptual model of the optimalharvest rule, fish characteristics affect preand post harvest production yields and outputprices. A dynamic empirical model, which uses asystem of quality characteristics and anhedonic equation, illustrates the complexrelationships and management choices associatedwith internalizing seafood qualitycharacteristics in a hake fishery. The modelretains the regulated open access managementsystem, but controls intertemporal andintersectoral quotas, production portfolios,and total allowable catch. Results demonstratethat including revenue-side effects frominternalizing fish quality can generatesignificantly greater rents and reduce therelative benefits of increased productionyields. If excluded, bioeconomic models canunderestimate the level of regulatory rentdissipation and overemphasize managementobjectives such as full utilization, whichcould misdirect processing decisions and resultin a suboptimal resource management plan.Implications for data collection,multidisciplinary analysis, and improvements inmarine resource management are discussed.     

In support of the new working class thesis: the case of the Irish white collar worker

This study, using data collected from 325 Irish white-collar employees in the private sector, examines the extent to which white-collar trade unionism may be regarded as a response to concern about the lack of achievement of desired levels of self-expression at work.     

Industrial Concentration,Output, and Trade: An Empirical Exploration

This paper explores the relationship between concentration, output and trade usingtheory and empirical analysis of matched data on 82 manufacturing industries in seven countries. It finds that the higher is domestic concentration in an industry compared to international concentration, the lower is the domestic share of world output and thesmaller are net exports. This relationship persists even when industries with high levelsof concentration are excluded.     

A precautionary tale:

In the wake of the minimal disruption to computer systems arising from the Y2K Millennium Bug, there has been a notable lack of discussion about whether the huge expenditures devoted to solving the problem were justified. The most common response was that they were worth it ‘just to be on the safe side’. Furthermore, there were many related benefits in upgraded infrastructure and improved systems. We argue that in fact Y2K activity is an important if unexpected example of the ‘precautionary principle’ at work, i.e. acting in advance to ward off potential danger despite a lack of full scientific certainty about the extent of danger. It was unexpected because it was championed by corporations and governments who routinely oppose precautionary policies directed at environmental issues such as global warming. The paper outlines several reasons why Y2K was acted upon so swiftly while environmental issues are not, and explores what lessons may be learnt from the Y2K episode in terms of future strategies for dealing with environmental danger.     

Encouraging group skills in accountancy students: an innovative apporach

This paper evalutes a three year programme in a UK university which recently won the Partnership Award from Cooper & Lybrand, Deloitte for innovation in higher education. The programme aims to encourage student to work in groups and to reflect upon the processes and the group dynamics involved. The first part of the paper provides the context for the paper and the context in which the programme runs. n example of a case study used in the programme is described in detail and the way in which it draws together subject areas within the degree is illustrated. Finally the programme is evaluted in terms of its successes and its problem areas.     

Global Insights Into Essential Elements Food Safety: The Chinese Example

This article brings together insights on the global challenges of achieving a safe food system. Through looking at examples of food safety initiatives, relevant success factors are identified and then distilled into five essential elements for developing a robust and safe food system. While much of the work in this area looks at government initiatives, this article looks particularly at industry-led initiatives. The article includes a brief look at the importance of food in Chinese culture and the current structure of the Chinese food chain. Specific initiatives from other markets are reviewed, and the five elements are outlined.