This paper examines the conflict over catch quotas for turbot on the Grand Banks of Newfoundland between the European Union (EU) and Canada. Economic game theory is used to analyse Canadian policy, EU policy, and the ensuing resolution. Recommendations are provided for future agreements...

In this study we use a N-person differential game structure to represent a renewable resource industry in which the decision agents are few in number and noncooperative (as would be the case, for example, in international fishing wars). As an illustration we assume an environment similar to that...