Quota and Risk Sharing among Fishermen
AbstractPooling and exchange of random resources may offer the owners insurance and substitution. Greater efficiency and more stable revenues thereby obtain. These good properties derive from a sharing rule that complies with the core concept from cooperative production games. It is applied here to fisheries with stochastic yield.
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Bibliographic InfoPaper provided by University of Bergen, Department of Economics in its series Working Papers in Economics with number 14/03.
Length: 11 pages
Date of creation: 28 Dec 2003
Date of revision:
Contact details of provider:
Postal: Institutt for økonomi, Universitetet i Bergen, Postboks 7802, 5020 Bergen, Norway
Web page: http://www.uib.no/econ/en
More information through EDIRC
Resource management; randomization; risk; insurance; cooperative games; core allocations; mutual exchange; stochastic programming; communal fisheries.;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative 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.:
- van Gellekom, J. R. G. & Potters, J. A. M. & Reijnierse, J. H. & Engel, M. C. & Tijs, S. H., 2000.
"Characterization of the Owen Set of Linear Production Processes,"
Games and Economic Behavior,
Elsevier, vol. 32(1), pages 139-156, July.
- Tijs, S.H. & Gellekom, J.R.G. van & Potters, J.A.M. & Reijnierse, J.H. & Engel, M.C., 2000. "Characterization of the Owen set of linear production processes," Open Access publications from Tilburg University urn:nbn:nl:ui:12-84648, Tilburg University.
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