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A Coalition Game of the Baltic Sea Cod Fishery

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Author Info
Lone Grønbæk Kronbak () (Department of Environmental and Business Economics, University of Southern Denmark)

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Abstract

The paper sets up a discrete-time, deterministic, coalition game model among the major agents exploiting the cod stock in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one-point solution concepts. The paper identifies the problem with these sharing rules and develops a new sharing rule which takes into account the stability of cooperation. The paper contributes to the literature by introducing a connection between cooperative games (sharing rules) and non-cooperative games (stabil-ity).

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File URL: http://www.sdu.dk/~/media/Files/Om_SDU/Institutter/Miljo/ime/wp/kronbak55.ashx
File Format: application/pdf
File Function: First version, 2004-03
Download Restriction: no

Publisher Info
Paper provided by University of Southern Denmark, Department of Environmental and Business Economics in its series Working Papers with number 55/04.

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Length: 47 pages
Date of creation: Mar 2004
Date of revision:
Handle: RePEc:sdk:wpaper:55

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Related research
Keywords: Fisheries; Cooperation; Coalition Game; Baltic Sea Cod; Shapley value; Characteristic function; nucleolus; Sharing rules; stability of cooperation;

Find related papers by JEL classification:
Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

References listed on IDEAS
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.:

  1. Lone Grønbæk Kronbak & Marko Lindroos, 2003. "An Enforcement-Coalition Model: Fishermen and Authorities forming Coalitions," Working Papers 50/03, University of Southern Denmark, Department of Environmental and Business Economics. [Downloadable!]
    Other versions:
  2. Sumaila, Ussif Rashid, 1999. "A review of game-theoretic models of fishing," Marine Policy, Elsevier, vol. 23(1), pages 1-10, January. [Downloadable!] (restricted)
  3. Henry Tulkens & Parkash Chander, 1997. "The Core of an Economy with Multilateral Environmental Externalities," International Journal of Game Theory, Springer, vol. 26(3), pages 379-401.
    Other versions:
  4. Duarte, Clara Costa & Brasao, Ana & Pintassilgo, Pedro, 2000. "Management Of The Northern Atlantic Bluefin Tuna: An Application Of C-Games," Marine Resource Economics, Marine Resources Foundation, vol. 15(1). [Downloadable!]
  5. Arnason, Ragnar & Magnusson, Gylfi & Agnarsson, Sveinn, 2000. "The Norwegian Spring-Spawning Herring Fishery: A Stylized Game Model," Marine Resource Economics, Marine Resources Foundation, vol. 15(4). [Downloadable!]
  6. Hannesson, Rognvaldur, 1997. "Fishing as a Supergame," Journal of Environmental Economics and Management, Elsevier, vol. 32(3), pages 309-322, March. [Downloadable!] (restricted)
  7. Lindroos, Marko & Kaitala, Veijo, 2000. "Nash Equilibria In A Coalition Game Of The Norwegian Spring-Spawning Herring Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 15(4). [Downloadable!]
  8. Brasao, Ana & Duarte, Clara Costa & Cunha-E-Sa, Maria A., 2000. "Managing The Northern Atlantic Bluefin Tuna Fisheries: The Stability Of The Un Fish Stock Agreement Solution," Marine Resource Economics, Marine Resources Foundation, vol. 15(4). [Downloadable!]
Full references

Cited by:
(explanations, 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.)

  1. Kronbak, Lone Gronbaek & Lindroos, Marko, 2007. "Sharing Rules and Stability in Coalition Games with Externalities," Marine Resource Economics, Marine Resources Foundation, vol. 22(2). [Downloadable!]
Statistics
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This page was last updated on 2009-11-30.

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