Fish Wars: Cooperative and Non-Cooperative Approaches
AbstractMirman (1979) and Levhari and Mirman (1980) suggested a simple two person multistage game-theoretical model which sheds some light on the economic implications inherent in the fishing conflicts where the decisions of the competitors have an effect on the evolution of the fish population and so, on the future expected profit of the competitors. In this paper we consider a generalization of the Levhari and Mirman Fish War Game for the case of n participants of the conflict for different scenarios of hierarchical and coalition structures of countries. We derive the equilibrium and its steady-state behavior for all these scenarios and analyze the impact which the hierarchical and coalition structures can have on fishery and ecology.
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Bibliographic InfoArticle provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its journal AUCO Czech Economic Review.
Volume (Year): 2 (2008)
Issue (Month): 1 (March)
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Benhabib, Jess & Radner, Roy, 1992. "The Joint Exploitation of a Productive Asset: A Game-Theoretic Approach," Economic Theory, Springer, vol. 2(2), pages 155-90, April.
- Fischer, Ronald D. & Mirman, Leonard J., 1992. "Strategic dynamic interaction : Fish wars," Journal of Economic Dynamics and Control, Elsevier, vol. 16(2), pages 267-287, April.
- Andrzej Nowak, 2006. "A note on an equilibrium in the great fish war game," Economics Bulletin, AccessEcon, vol. 17(2), pages 1-10.
- Oh Kwon, 2006. "Partial International Coordination in the Great Fish War," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 33(4), pages 463-483, 04.
- Lina Mallozzi & Stef Tijs, 2012. "Stackelberg Assumption vs. Nash Assumption in Partially Cooperative Games," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 6(1), pages 5-13, March.
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