An Economic Analysis of Drawing Lines in the Sea

It is shown that low dispute costs relative to expected resource rents from oceanic resources favor drawn out disputes over maritime boundaries; asymmetric dispute costs favor agreement on boundaries wanted by the low dispute cost state party; and high symmetric dispute costs favor formation of joint development zones. The fact that most maritime boundaries have not yet been drawn suggests that state parties think that resource rents that can be drawn from the oceans are high relative to dispute costs. Moreover, the recent mini-trend towards JDZs in East Asia suggests that state parties in the area have recently reassessed dispute costs as being higher than previously believed.

Box Corer (engineering detail drawing of the large version)

The Box corer is a marine geological and biological sampling tool for soft sediments in lakes or oceans. It is deployed from a research vessel with a deep sea wire and suitable for any water depth. It is designed for a minimum of disturbance of the sediment surface by bow wave effects which is important for quantitative investigations of the benthos micro- to macrofauna, geochemical processes, sampling of bottom water or sedimentology. The large box corer version with an area of 2,500 cm? is frequently used on research vessels since the 1980th years. This data set is a publication of the engeneering drawings.