Distributional and Efficiency Effects of Marine Protected Areas: A Study of the Northeast Atlantic Cod Fishery
We study the distributional and efficiency effects of marine protected areas using the Northeast Atlantic cod stock as an example. A model with two players targeting different age groups of cod is developed to examine how protected areas may affect payoffs to the players under cooperation and non-cooperation. We find that depending on the ex ante and ex post management regime, win-win, lose-lose, or win-lose outcomes may emerge with the implementation of marine protected areas. When the ex post management is cooperation, both players gain, while ex post non-cooperative behavior results in gains only to one of the players.
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- Claire Armstrong & Ussif Sumaila, 2000. "Cannibalism and the Optimal Sharing of the North-East Atlantic Cod Stock: a Bioeconomic Model," Journal of Bioeconomics, Springer, vol. 2(2), pages 99-115, May.
- David Levhari & Leonard J. Mirman, 1980. "The Great Fish War: An Example Using a Dynamic Cournot-Nash Solution," Bell Journal of Economics, The RAND Corporation, vol. 11(1), pages 322-334, Spring.
- Fischer, Ronald D. & Mirman, Leonard J., 1992. "Strategic dynamic interaction : Fish wars," Journal of Economic Dynamics and Control, Elsevier, vol. 16(2), pages 267-287, April.
- Sanchirico, James N. & Wilen, James E., 1999. "Bioeconomics of Spatial Exploitation in a Patchy Environment," Journal of Environmental Economics and Management, Elsevier, vol. 37(2), pages 129-150, March.
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