This paper investigates the role played by cooperation for the sustainable harvesting of an ecosystem. To achieve this, a bio-economic model based on a multi-species Gompertz dynamics with interspecific relationships and multi-agent catches is considered. A comparison between the non...

We study the management of a multispecies fishery, exploited under a non-selective harvesting technology. We construct an economic mechanism to regulate the fishery. Under a large class of models, capable of accounting for imperfect competition, congestion externalities, pro-social motivations...

We construct an economic mechanism to realize in Nash equilibrium an optimal consumption time path of a natural resource. For exposition convenience, the analysis is conducted within the model initiated by Levhari and Mirman (1980). This framework allows us to explicitly calculate the...