Transboundary Fisheries Management under Implementation Uncertainty
AbstractThis paper examines how non-binding co-operative agreements on marine fisheries management can be sustained when management plans in participating countries are implemented with error. The effects of implementation uncertainty on voluntary co-operation are compared to those of recruitment uncertainty. A self-enforcing co-operative solution can only be sustained when uncertainty is not too pronounced. Even when a co-operative agreement can be achieved, frequent phases of reversion to non-co-operative harvest levels are needed to support the agreement. The implications of recruitment uncertainty for implicit co-operation are less detrimental than those of implementation uncertainty.
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Bibliographic InfoPaper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number 2003.118.
Date of creation: Dec 2003
Date of revision:
Fisheries management; Transboundary fisheries; Non-cooperative games; Implementation uncertainty;
Find related papers by JEL classification:
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
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