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Decisions involving risk are usually taken in the presence of other insurable or non-insurable risks, the latter type called background risk. We examine how changing background risk influences risk-taking based on panel data with monthly observations from Senegalese fishermen. Fishing income is...
Persistent link: https://www.econbiz.de/10011985383
Demand and supply analysis in fisheries often indicates the presence of instabilities and multiple equilibria, both in …
Persistent link: https://www.econbiz.de/10011325140
Regional Fisheries Management Organisations (RFMO). The objective of this paper is to propose alternative management strategies …
Persistent link: https://www.econbiz.de/10011324939
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
-entry fishery. Because exit from limited-entry fisheries may be irreversible, the fisherman has an incentive to maintain the right … fleets, one of the most pressing fisheries management issues in limited-entry (and other) fisheries around the world. To …
Persistent link: https://www.econbiz.de/10011324981
-dominated states. Threshold effects have consequences for fisheries management, which are analyzed for open access fisheries and sole …
Persistent link: https://www.econbiz.de/10011325138
This paper analyzes the current status of fisheries and aquaculture in Southeast Asia and international trade. Analysis … concludes that a policy of sustainable management for both capture fisheries and aquaculture is of greatest importance, but such … for the sustainable management of fisheries resources and intensified and extensive aquaculture. Such holistic national …
Persistent link: https://www.econbiz.de/10010397267
We consider a robust control model for a spatially distributed commercial fishery under uncertainty, and in particular a tracking problem, i.e. the problem of robust stabilization of a chosen deterministic benchmark state in the presence of model uncertainty. The problem is expressed in the form...
Persistent link: https://www.econbiz.de/10010294299
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
, recognising that efficiency benefits may not be significant under the circumstances describing many open access fisheries. We use … approach using a case study of Black Sea anchovy. The methodology, which may have a wider application to fisheries …
Persistent link: https://www.econbiz.de/10011608361