IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2110.13966.html
   My bibliography  Save this paper

Fisheries Management in Congested Waters: A Game-Theoretic Assessment of the East China Sea

Author

Listed:
  • Michael Macgregor Perry

Abstract

Fisheries in the East China Sea (ECS) face multiple concerning trends. Aside from depleted stocks caused by overfishing, illegal encroachments by fishermen from one nation into another's legal waters are a common occurrence. This behavior presumably could be stopped via strong monitoring, controls, and surveillance (MCS), but MCS is routinely rated below standards for nations bordering the ECS. This paper generalizes the ECS to a model of a congested maritime environment, defined as an environment where multiple nations can fish in the same waters with equivalent operating costs, and uses game-theoretic analysis to explain why the observed behavior persists in the ECS. The paper finds that nations in congested environments are incentivized to issue excessive quotas, which in turn tacitly encourages illegal fishing and extracts illegal rent from another's legal waters. This behavior couldn't persist in the face of strong MCS measures, and states are thus likewise incentivized to use poor MCS. A bargaining problem is analyzed to complement the noncooperative game, and a key finding is the nation with lower nonoperating costs has great leverage during the bargain.

Suggested Citation

  • Michael Macgregor Perry, 2021. "Fisheries Management in Congested Waters: A Game-Theoretic Assessment of the East China Sea," Papers 2110.13966, arXiv.org, revised Feb 2022.
    • Handle: RePEc:arx:papers:2110.13966
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2110.13966
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Raakjær Nielsen, Jesper & Mathiesen, Christoph, 2003. "Important factors influencing rule compliance in fisheries lessons from Denmark," Marine Policy, Elsevier, vol. 27(5), pages 409-416, September.
    2. Leyuan Shi & Sigurdur O´lafsson, 2000. "Nested Partitions Method for Stochastic Optimization," Methodology and Computing in Applied Probability, Springer, vol. 2(3), pages 271-291, September.
    3. Leyuan Shi & Sigurdur O´lafsson, 2000. "Stopping Rules for the Stochastic Nested Partitions Method," Methodology and Computing in Applied Probability, Springer, vol. 2(1), pages 37-58, April.
    4. 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.
    5. Fischer, Ronald D. & Mirman, Leonard J., 1996. "The Compleat Fish Wars: Biological and Dynamic Interactions," Journal of Environmental Economics and Management, Elsevier, vol. 30(1), pages 34-42, January.
    6. Stefan Borsky & Paul A. Raschky, 2011. "A Spatial Econometric Analysis of Compliance with an International Environmental Agreement on Open Access Resources," Working Papers 2011-10, Faculty of Economics and Statistics, Universität Innsbruck.
    7. Leyuan Shi & Sigurdur Ólafsson, 2000. "Nested Partitions Method for Global Optimization," Operations Research, INFORMS, vol. 48(3), pages 390-407, June.
    8. Lone Grønbæk & Marko Lindroos & Gordon Munro & Pedro Pintassilgo, 2020. "Game Theory and Fisheries Management," Springer Books, Springer, number 978-3-030-40112-2, December.
    Full references (including those not matched with items on IDEAS)

    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. Michael Perry, 2022. "Fisheries Management in Congested Waters: A Game-Theoretic Assessment of the East China Sea," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(3), pages 717-740, July.
    2. Michael Macgregor Perry, 2021. "Analyzing a Complex Game for the South China Sea Fishing Dispute using Response Surface Methodologies," Papers 2110.12568, arXiv.org, revised Dec 2021.
    3. Manuel Pacheco Coelho & José António Filipe, 2021. "Searching for a New Model of Governance in the High Seas: Game Theory Applied to International Commons Management," Mathematics, MDPI, vol. 9(19), pages 1-28, October.
    4. Dahmouni, Ilyass & Sumaila, Rashid U., 2023. "A dynamic game model for no-take marine reserves," Ecological Modelling, Elsevier, vol. 481(C).
    5. Kerri Brick & Martine Visser & Justine Burns, 2012. "Risk Aversion: Experimental Evidence from South African Fishing Communities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(1), pages 133-152.
    6. Agnieszka Wiszniewska-Matyszkiel & Rajani Singh, 2020. "When Inaccuracies in Value Functions Do Not Propagate on Optima and Equilibria," Mathematics, MDPI, vol. 8(7), pages 1-25, July.
    7. Petrohilos-Andrianos, Yannis & Xepapadeas, Anastasios, 2017. "Resource harvesting regulation and enforcement: An evolutionary approach," Research in Economics, Elsevier, vol. 71(2), pages 236-253.
    8. Chang, Kuo-Hao & Kuo, Po-Yi, 2018. "An efficient simulation optimization method for the generalized redundancy allocation problem," European Journal of Operational Research, Elsevier, vol. 265(3), pages 1094-1101.
    9. Can Askan Mavi & Nicolas Quérou, 2020. "Common pool resource management and risk perceptions," DEM Discussion Paper Series 20-25, Department of Economics at the University of Luxembourg.
    10. Lee, Loo Hay & Chew, Ek Peng & Manikam, Puvaneswari, 2006. "A general framework on the simulation-based optimization under fixed computing budget," European Journal of Operational Research, Elsevier, vol. 174(3), pages 1828-1841, November.
    11. Schultz, Bill, 2020. "Resource management and joint-planning in fragmented societies," Ecological Economics, Elsevier, vol. 171(C).
    12. N. Quérou & M. Tidball, 2014. "Consistent conjectures in a dynamic model of non-renewable resource management," Annals of Operations Research, Springer, vol. 220(1), pages 159-180, September.
    13. Bréchet, Thierry & Lambrecht, Stéphane & Prieur, Fabien, 2009. "Intertemporal transfers of emission quotas in climate policies," Economic Modelling, Elsevier, vol. 26(1), pages 126-134, January.
    14. David R. Morrison & Jason J. Sauppe & Wenda Zhang & Sheldon H. Jacobson & Edward C. Sewell, 2017. "Cyclic best first search: Using contours to guide branch‐and‐bound algorithms," Naval Research Logistics (NRL), John Wiley & Sons, vol. 64(1), pages 64-82, February.
    15. L. Doyen & A. A. Cissé & N. Sanz & F. Blanchard & J.-C. Pereau, 2018. "The Tragedy of Open Ecosystems," Dynamic Games and Applications, Springer, vol. 8(1), pages 117-140, March.
    16. Houba, Harold & Sneek, Koos & Vardy, Felix, 2000. "Can negotiations prevent fish wars?," Journal of Economic Dynamics and Control, Elsevier, vol. 24(8), pages 1265-1280, July.
    17. Kingdom Simfukwe & Moses Majid Limuwa & Friday Njaya, 2022. "Are Chilimira Fishers of Engraulicypris sardella ( Günther , 1868) in Lake Malawi Productive? The Case of Nkhotakota District," Sustainability, MDPI, vol. 14(23), pages 1-19, November.
    18. Datta, Manjira & Mirman, Leonard J., 1999. "Externalities, Market Power, and Resource Extraction," Journal of Environmental Economics and Management, Elsevier, vol. 37(3), pages 233-255, May.
    19. Tahir Ekin & Stephen Walker & Paul Damien, 2023. "Augmented simulation methods for discrete stochastic optimization with recourse," Annals of Operations Research, Springer, vol. 320(2), pages 771-793, January.
    20. Rabah Amir & Niels Nannerup, 2006. "Information Structure and the Tragedy of the Commons in Resource Extraction," Journal of Bioeconomics, Springer, vol. 8(2), pages 147-165, August.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:arx:papers:2110.13966. 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: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    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.