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Partial International Coordination in the Great Fish War

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  • Oh Kwon

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    Abstract

    This study extends the great fish war model of Levhari and Mirman [Levhari, D. and Mirman, L. (1980) Bell Journal of Economics 11: 322–344] by incorporating a multiple country context into the model and investigates the existence of a partial coordination Nash equilibrium. First, findings of this paper suggest that a partial coordination scheme is sustainable only in limited cases. Any coalition that has more than two member countries cannot be sustained. Second, the existence and the number of coordinating countries depend critically on the magnitude of the biological and preference parameters. Finally, if the coalition is assumed to be a dominant player, there always exist one or two welfare-improving sustainable coalitions and the size of the sustainable coalitions depends on the parameters of the problem. Copyright Springer 2006

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    Bibliographic Info

    Article provided by European Association of Environmental and Resource Economists in its journal Environmental & Resource Economics.

    Volume (Year): 33 (2006)
    Issue (Month): 4 (04)
    Pages: 463-483

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    Handle: RePEc:kap:enreec:v:33:y:2006:i:4:p:463-483

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    Web page: http://www.springerlink.com/link.asp?id=100263

    Related research

    Keywords: dynamic game; fish war; partial coordination; sustainability; renewable natural resource; Q20; C79; D90;

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    Cited by:
    1. Michael Finus & Pedro Pintassilgo & Marko Lindroos & Gordon Munro, 2008. "Stability and Success of Regional Fisheries Management Organizations," Working Papers 2008.20, Fondazione Eni Enrico Mattei.
    2. Michèle Breton & Michel Keoula, 2012. "Farsightedness in a Coalitional Great Fish War," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 51(2), pages 297-315, February.
    3. Michael Finus & Raoul Schneider & Pedro Pintassilgo, 2011. "The Incentive Structure of Impure Public Good Provision – The Case of International Fisheries," Discussion Papers 1103, Exeter University, Department of Economics.
    4. Breton, Michèle & Keoula, Michel Yevenunye, 2014. "A great fish war model with asymmetric players," Ecological Economics, Elsevier, vol. 97(C), pages 209-223.
    5. Sébastien Rouillon, 2012. "Decentralized Management of a Fishery," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 52(2), pages 181-193, June.
    6. Elena Denisova & Andrey Garnaev, 2008. "Fish Wars: Cooperative and Non-Cooperative Approaches," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 2(1), pages 028-040, March.

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