Showing 1 - 6 of 6
This paper deals with risk and uncertainties that are an inherent part of designing and implementing fisheries rebuilding plans. Such risk and uncertainties stem from a variety of sources, biological, economic and/or political factors, and are influenced by external factors like changing...
Persistent link: https://www.econbiz.de/10010321693
unrestricted outputs measure the output transformation in the regulated industry. Applied on a regulated fishery that consists of …
Persistent link: https://www.econbiz.de/10010321961
This paper seeks to investigate the following issues: What is the resulting out-come, when regulation is determined by interest groups that compete for influ-ence over the regulatory process? Given this, can we predict how climate change related changes in the underlying biological factors will...
Persistent link: https://www.econbiz.de/10010321963
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
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
The paper sets up a discrete-time, deterministic, coalition game model among the major agents exploiting the cod stock in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one-point solution concepts. The paper identifies the problem with...
Persistent link: https://www.econbiz.de/10010321960