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Spatial Competition In Overlapping Seasonal Fisheries: A Bioeconomic Model Of Fishermen And Regulators

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  • Abbott, Joshua K.

Abstract

This paper develops a single-season dynamic game between fishermen and regulators. Fishermen maximize the NPV of profits by their location choice in a system with congestion, adjustment costs, and adaptive, quota-driven, site closures. Simulation results reveal feedbacks between site-choice and closure decisions and suggest the usefulness of spatial policy instruments in reducing congestion externalities and costly congestion-averting expenditures.

Suggested Citation

  • Abbott, Joshua K., 2004. "Spatial Competition In Overlapping Seasonal Fisheries: A Bioeconomic Model Of Fishermen And Regulators," 2004 Annual meeting, August 1-4, Denver, CO 20383, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea04:20383
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    File URL: http://purl.umn.edu/20383
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    References listed on IDEAS

    as
    1. Homans, Frances R. & Wilen, James E., 1997. "A Model of Regulated Open Access Resource Use," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 1-21, January.
    2. Dockner,Engelbert J. & Jorgensen,Steffen & Long,Ngo Van & Sorger,Gerhard, 2000. "Differential Games in Economics and Management Science," Cambridge Books, Cambridge University Press, number 9780521637329, March.
    3. 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.
    4. Brown, Gardner & Roughgarden, Jonathan, 1997. "A metapopulation model with private property and a common pool," Ecological Economics, Elsevier, vol. 22(1), pages 65-71, July.
    5. Sanchirico, James N. & Wilen, James E., 2001. "A Bioeconomic Model of Marine Reserve Creation," Journal of Environmental Economics and Management, Elsevier, vol. 42(3), pages 257-276, November.
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    Keywords

    Resource /Energy Economics and Policy;

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