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Partial International Coordination in the Great Fish War

Author

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  • Oh Kwon

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

Suggested Citation

  • Oh Kwon, 2006. "Partial International Coordination in the Great Fish War," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 33(4), pages 463-483, April.
    • Handle: RePEc:kap:enreec:v:33:y:2006:i:4:p:463-483
    DOI: 10.1007/s10640-005-4994-x
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    Citations

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    Cited by:

    1. Michael Finus & Raoul Schneider & Pedro Pintassilgo, 2011. "The Incentive Structure of Impure Public Good Provision – The Case of International Fisheries," Discussion Papers 1103, University of Exeter, Department of Economics.
    2. Florian K. Diekert & Emmi Nieminen, 2017. "International Fisheries Agreements with a Shifting Stock," Dynamic Games and Applications, Springer, vol. 7(2), pages 185-211, June.
    3. Pedro Pintassilgo & Michael Finus & Marko Lindroos & Gordon Munro, 2010. "Stability and Success of Regional Fisheries Management Organizations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(3), pages 377-402, July.
    4. Michèle Breton & Michel Keoula, 2012. "Farsightedness in a Coalitional Great Fish War," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(2), pages 297-315, February.
    5. Pintassilgo, Pedro & Laukkanen, Marita & Kronbak, Lone Grønbæk & Lindroos, Marko, 2015. "International Fisheries Agreements and Non-consumptive Values," Discussion Papers on Economics 8/2015, University of Southern Denmark, Department of Economics.
    6. Sébastien Rouillon, 2012. "Decentralized Management of a Fishery," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(2), pages 181-193, June.
    7. 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.
    8. Pedro Pintassilgo & Lone Kronbak & Marko Lindroos, 2015. "International Fisheries Agreements: A Game Theoretical Approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(4), pages 689-709, December.
    9. Blasiak, Robert & Yagi, Nobuyuki & Kurokura, Hisashi, 2015. "Impacts of hegemony and shifts in dominance on marine capture fisheries," Marine Policy, Elsevier, vol. 52(C), pages 52-58.
    10. Miller, Steve & Nkuiya, Bruno, 2016. "Coalition formation in fisheries with potential regime shift," Journal of Environmental Economics and Management, Elsevier, vol. 79(C), pages 189-207.
    11. Breton, Michèle & Keoula, Michel Yevenunye, 2014. "A great fish war model with asymmetric players," Ecological Economics, Elsevier, vol. 97(C), pages 209-223.

    More about this item

    Keywords

    dynamic game; fish war; partial coordination; sustainability; renewable natural resource; Q20; C79; D90;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General

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