IDEAS home Printed from https://ideas.repec.org/a/wsi/igtrxx/v10y2008i03ns0219198908001960.html
   My bibliography  Save this article

Fishery Management Games: How To Admit New Members And Reduce Harvesting Levels

Author

Listed:
  • KIM HANG PHAM DO

    (Department of Applied and International Economics, Massey University, Private Bag 11 222, Palmerston North, New Zealand)

  • HENK FOLMER

    (Department of Spatial Sciences, Groningen University and Economics of Consumers and Households, Wageningen University, Hollandseweg 1, 6706 KN Wageningen, The Netherlands)

  • HENK NORDE

    (Department of Econometrics and Operations Research, and Center, Tilburg University, P. O. Box 90513, 5000 LE Tilburg, The Netherlands)

Abstract

This paper applies game theory to address the problem of allocating profits among fishing nations, once the countries concerned have expressed an interest in achieving an agreement through a Regional Fishery Management Organization (RFMO). Proposing the population monotonic allocation scheme as management rule for division of profits, we argue that existing RFMOs can be expanded by means of the Shapley value. We also show that adjustment from the Nash equilibrium to sustainable or more efficient can be achieved by means of the proportional rule without harming any of the countries involved.

Suggested Citation

  • Kim Hang Pham Do & Henk Folmer & Henk Norde, 2008. "Fishery Management Games: How To Admit New Members And Reduce Harvesting Levels," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 10(03), pages 319-333.
    • Handle: RePEc:wsi:igtrxx:v:10:y:2008:i:03:n:s0219198908001960
    DOI: 10.1142/S0219198908001960
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219198908001960
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219198908001960?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. anonymous, 2002. "Southeast banks weather current downturn," EconSouth, Federal Reserve Bank of Atlanta, vol. 4(Q1), pages 2-7.
    2. Fedesarrollo, 2002. "Indicadores de Encuesta Social Etapa VI," Coyuntura Social 12941, Fedesarrollo.
    3. L'industria, 2002. "Ricordo di Giorgio Fuà," L'industria, Società editrice il Mulino, issue 2, pages 203-214.
    4. Ocde, 2002. "Base de données de l'OCDE sur le budget," Revue de l'OCDE sur la gestion budgétaire, Éditions OCDE, vol. 1(3), pages 169-185.
    5. Hans H.J. Labohm, 2002. "Climate Change: Unravelling a Dogma," Energy & Environment, , vol. 13(3), pages 341-352, July.
    6. Roger E. A. Farmer, 2002. "Why Does Data Reject the Lucas Critique," Annals of Economics and Statistics, GENES, issue 67-68, pages 111-129.
    7. ., 2002. "The Endogeneity of the Natural Rate of Growth," Chapters, in: The Nature of Economic Growth, chapter 6, Edward Elgar Publishing.
    8. anonymous, 2002. "Banks weathering current downturn," Financial Update, Federal Reserve Bank of Atlanta, vol. 15(Apr), pages 1-3.
    9. Henk Folmer & H. L. Gabel (ed.), 2000. "Principles of Environmental and Resource Economics," Books, Edward Elgar Publishing, number 1605.
    10. Jeroen C.J.M. van den Bergh (ed.), 1999. "Handbook of Environmental and Resource Economics," Books, Edward Elgar Publishing, number 801.
    11. van Damme, E.E.C., 2002. "De dood in de pot," Other publications TiSEM 03800eab-aa7f-45ae-9ac5-2, Tilburg University, School of Economics and Management.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stelios Rozakis & Athanasios Kampas, 2022. "An interactive multi-criteria approach to admit new members in international environmental agreements," Operational Research, Springer, vol. 22(4), pages 3461-3487, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. A. M. Artoli & A. G. Hoekstra & P. M. A. Sloot, 2003. "Accelerated Lattice Bgk Method For Unsteady Simulations Through Mach Number Annealing," International Journal of Modern Physics C (IJMPC), World Scientific Publishing Co. Pte. Ltd., vol. 14(06), pages 835-845.
    2. Do, Kim Hang Pham & Folmer, Henk & Norde, Henk, 2006. "Fishery Management Games: How to reduce effort and admit new members," 2006 Conference, August 24-25, 2006, Nelson, New Zealand 31964, New Zealand Agricultural and Resource Economics Society.
    3. Laurence Kranich & Andrés Perea & Hans Peters, 2005. "Core Concepts For Dynamic Tu Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 7(01), pages 43-61.
    4. Qi Xuan & Chenbo Fu & Li Yu, 2014. "Ranking Developer Candidates By Social Links," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 17(07n08), pages 1-19.
    5. Hadi Sasana & Imam Ghozali, 2017. "The Impact of Fossil and Renewable Energy Consumption on the Economic Growth in Brazil, Russia, India, China and South Africa," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 194-200.
    6. Jesper Stage, 2002. "Structural Shifts In Namibian Energy Use: An Input‐Output Approach," South African Journal of Economics, Economic Society of South Africa, vol. 70(6), pages 1103-1125, September.
    7. Arik Levinson, 2009. "Technology, International Trade, and Pollution from US Manufacturing," American Economic Review, American Economic Association, vol. 99(5), pages 2177-2192, December.
    8. Salvati, Luca & Carlucci, Margherita, 2011. "The economic and environmental performances of rural districts in Italy: Are competitiveness and sustainability compatible targets?," Ecological Economics, Elsevier, vol. 70(12), pages 2446-2453.
    9. Grimaud, Andre & Rouge, Luc, 2005. "Polluting non-renewable resources, innovation and growth: welfare and environmental policy," Resource and Energy Economics, Elsevier, vol. 27(2), pages 109-129, June.
    10. Nunes, P.A.L.D. & Nijkamp, P., 2011. "Biodiversity: Economic perspectives," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    11. Siriluk Chiarakorn & Chompoonuh K. Permpoonwiwat & Papondhanai Nanthachatchavankul, 2016. "Financial and Economic Viability of Bioplastic Production in Thailand," EEPSEA Research Report rr20160337, Economy and Environment Program for Southeast Asia (EEPSEA), revised Mar 2016.
    12. Roberta De Santis, 2012. "Impact of Environmental Regulations on Trade in the Main EU Countries: Conflict or Synergy?," The World Economy, Wiley Blackwell, vol. 35(7), pages 799-815, July.
    13. Sunak, Yasin & Madlener, Reinhard, 2012. "The Impact of Wind Farms on Property Values: A Geographically Weighted Hedonic Pricing Model," FCN Working Papers 3/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), revised Mar 2013.
    14. Andrade de Sá, Saraly & Daubanes, Julien, 2016. "Limit pricing and the (in)effectiveness of the carbon tax," Journal of Public Economics, Elsevier, vol. 139(C), pages 28-39.
    15. Primmer, Eeva & Kyllonen, Simo, 2006. "Goals for public participation implied by sustainable development, and the preparatory process of the Finnish National Forest Programme," Forest Policy and Economics, Elsevier, vol. 8(8), pages 838-853, November.
    16. Teixidó Figueras, Jordi & Duro Moreno, Juan Antonio, 2012. "Ecological Footprint Inequality: A methodological review and some results," Working Papers 2072/203168, Universitat Rovira i Virgili, Department of Economics.
    17. Maryam Asghari & Elham Oliagard, 2017. "Trade and National Security: A Test for Best-Known Hypothesis," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 21(2), pages 403-431, Spring.
    18. Aydın, Cem İskender, 2020. "Nuclear energy debate in Turkey: Stakeholders, policy alternatives, and governance issues," Energy Policy, Elsevier, vol. 136(C).
    19. Alvarez-Herranz, Agustin & Balsalobre-Lorente, Daniel & Shahbaz, Muhammad & Cantos, José María, 2017. "Energy innovation and renewable energy consumption in the correction of air pollution levels," Energy Policy, Elsevier, vol. 105(C), pages 386-397.
    20. Lecca, Patrizio & Swales, Kim & Turner, Karen, 2011. "An investigation of issues relating to where energy should enter the production function," Economic Modelling, Elsevier, vol. 28(6), pages 2832-2841.

    More about this item

    Keywords

    Transboundary fishery management; proportional rule; population monotonic allocation scheme; Shapley value; Subject Classification: 91A40; Subject Classification: 91A80; Subject Classification: 91B74; Subject Classification: 91B76;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:igtrxx:v:10:y:2008:i:03:n:s0219198908001960. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/igtr/igtr.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.