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The Stability of Fishing Agreements with Entry: The Northeast Atlantic Mackerel

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  • Ellefsen, Hans

Abstract

This paper investigates the stability of agreements for sharing fish stocks among coastal states when migrations patterns change — a heretofore largely unexplored topic. The case investigated is the agreement on sharing the mackerel stock ( Scomber scombrus ) in the North-east Atlantic Ocean. Since 2000, this stock has been shared by three coastal states. However, in 2007, the fish changed its migration pattern, entering the waters of a fourth state. This led to the collapse of the previous agreement in 2010, causing severe overfishing. The game of the new entrant is modeled using the partition function approach with strictly convex cost functions. The results indicate that the stability decreases with the new entrant but increases when the prices are heterogeneous. In addition, the larger players need to pay the most relatively to get the new entrant into the game.

Suggested Citation

  • Ellefsen, Hans, 2013. "The Stability of Fishing Agreements with Entry: The Northeast Atlantic Mackerel," Strategic Behavior and the Environment, now publishers, vol. 3(1–2), pages 67-95, January.
    • Handle: RePEc:now:jnlsbe:102.00000024
    DOI: 10.1561/102.00000024
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    Citations

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    Cited by:

    1. 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.
    2. Evangelos Toumasatos & Stein Ivar Steinshamn, 2018. "Coalition Formation with Externalities: The Case of the Northeast Atlantic Mackerel Fishery in a Pre- and Post-Brexit Context," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 20(02), pages 1-48, June.
    3. Ellefsen, Hans & Kronbak, Lone Grønbæk & Ravn-Jonsen, Lars, 2014. "On International Fisheries Agreements, Entry Deterrence and Ecological Uncertainty," Discussion Papers on Economics 18/2014, University of Southern Denmark, Department of Economics.
    4. Toumasatos, Evangelos & Steinshamn, Stein Ivar, 2017. "Coalition Formation with Externalities: The Case of the Northeast Atlantic Mackerel Fishery in a Pre and Post Brexit Context," Discussion Papers 2017/11, Norwegian School of Economics, Department of Business and Management Science.
    5. Trond Bjørndal & Nils-Arne Ekerhovd, 2014. "Management of Pelagic Fisheries in the North East Atlantic: Norwegian Spring Spawning Herring, Mackerel, and Blue Whiting," Marine Resource Economics, University of Chicago Press, vol. 29(1), pages 69-83.

    More about this item

    Keywords

    Northeast Atlantic mackerel; Cooperative games; Non-cooperative games; Partition function; Stability; Climate change;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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