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Game theory is an analytical tool for modeling strategic interaction between agents. Strategic interaction in fishery … study on the fishery economics and game theory. It tends to describe how fishery models using game theory are build up … describes different types of fishery and how these types are related to game theory. Special features as externalities and …
Persistent link: https://www.econbiz.de/10010321949
This paper considers the policy outcome of a contest between two opposing in-terest groups: the incumbent fishermen and a group of conservationalists. The objective of the fishermen is to maximize profit, and they are (partly) concerned over future profitability as well, while the...
Persistent link: https://www.econbiz.de/10010321964