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Models Canada's Pacific halibut fishery as a non-zero-sun non-co-operative differential game. Optimal harvesting level are derived under the criterion of profit maximization. Show that optimal aggregate steady-state fishing effort and yield increase with the number of fishermen harvesting the...
Persistent link: https://www.econbiz.de/10008459557
Models Canada′s Pacific halibut fishery as a non‐zero‐sun on‐co‐operative differential game. Optimal harvesting level are derived under the criterion of profit maximization. Show that optimal aggregate steady‐state fishing effort and yield increase with the number of fishermen...
Persistent link: https://www.econbiz.de/10014863409