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Full-Text Articles in Other Economics

University-Industry Relationships: Framing The Issues For Academic Research In Agricultural Biotechnology, David E. Ervin, Terri Lomax, Steven T. Buccola, Kristen Kim, Elizabeth Minor, Hui Yang, Leland L. Glenna, Elizabeth Jaeger, Dina Biscotti, Walter J. Armbruster, Kate Clancy, William B. Lacy, Rick Welsh, Yin Xia Nov 2002

University-Industry Relationships: Framing The Issues For Academic Research In Agricultural Biotechnology, David E. Ervin, Terri Lomax, Steven T. Buccola, Kristen Kim, Elizabeth Minor, Hui Yang, Leland L. Glenna, Elizabeth Jaeger, Dina Biscotti, Walter J. Armbruster, Kate Clancy, William B. Lacy, Rick Welsh, Yin Xia

Economics Faculty Publications and Presentations

More must be done to understand how academic researchers involved in agricultural biotechnology are impacted by a growing number of relationships with industry partners, concluded a new report released today by the Pew Initiative on Food and Biotechnology (the Pew Initiative) and Portland State University. The report, University-Industry Relationships: Framing the Issues for Academic Research in Agricultural Biotechnology looks at the advantages and disadvantages to universities and academic scientists who engage in relationships with industry. It specifically outlines the need for information regarding influences on academic scientists' research agendas, the intellectual property rights and technology innovations involved in the relationships ...


A Principal-Agent Analysis Of Fisheries, Frank Jensen, Niels Vestergaard Dec 2001

A Principal-Agent Analysis Of Fisheries, Frank Jensen, Niels Vestergaard

Niels Vestergaard

Very little principal-agent analysis has been done within the fisheries economic literature. This paper conducts a principal-agent analysis of fisheries. Within a standard principal-agent model, the low-cost agent must be allowed the same level of effort as under complete information. This conclusion does not hold for fisheries, because of a resource restriction and the fact that maximisation takes place over two variables. By means of comparative-static analysis, this paper argues that the low-cost agent must be allowed a larger effort than under complete information.