Word: costello
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...individual fishermen were half as likely to experience a collapse as those that did not. "The idea is that by securing access for individuals or select groups for a long period of time, they have an incentive to steward the resources," explains the study's lead author, Christopher Costello, a resource economist at U.C. Santa Barbara. "If they overharvest or destroy habitat today, they will have a less vibrant stock in the future, and thus lower future profits...
According to Costello, fisheries, or areas where a certain kind of fish is caught, represent a textbook example of a tragedy of the commons - the classic economics metaphor for a shared resource that is ruined because of competition between users. Giving fishermen catch shares - also known as Individual Fishing Quotas (IFQs) - doesn't dampen competition for fish, but manages it by essentially making fishermen stakeholders in a fishery. Costello explains that IFQs, which can be bought, sold or traded just like stocks, discourage overfishing by giving fishermen a vested interest in preserving the future health of the resource...
...hype over Cuil, in fact, may be testament to the power of a great back story. Cuil is the brainchild of ex-Google staffer Anna Patterson - who developed the TeraGoogle indexing system that Google still uses today - and her husband Tom Costello, who developed search engines at Stanford and IBM. Cuil indexes some 120 billion Web pages. (Google, on the other hand, claims to scan more than a trillion pages, but only indexes those that are useful, according to the company.) The Cuil team generated so much buzz for its venture that it managed to raise some $33 million...
...Eagles continued to apply pressure in the final minutes of the match, led by Lauren Costello, who recorded a career-high seven goals, but it was to no avail...
Unsurprisingly, the album deals largely with Costello’s experiences in Afghanistan. Second song “Masood” details the story of a 16-year-old whom Costello befriended during his time in Kabul. After the boy’s father died suddenly, Masood was left as the head of his family. The song’s lyrics, such as “I lied awake thinking of the hope that’s laid on me,” perfectly lay out the heartbreaking reality of this story and the situation in Afghanistan. Musically, the song...