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Cooperative and Non-Cooperative Exploitation of the Arcto-Norwegian Cod Stock

  • Sumaila, U.R.

A two-agent model for the exploitation of the Arcto-Norwegian cod stock is developed to investigate the economic benefits that can be realized from resources , and the effect of exploitation on stock sustainability under cooperation and non-cooperation.

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Paper provided by Department of Economics, University of Bergen in its series Norway; Department of Economics, University of Bergen with number 167.

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Length: 18 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:fth:bereco:167
Contact details of provider: Postal: Department of Economics, University of Bergen Fosswinckels Gate 6. N-5007 Bergen, Norway
Phone: (+47)55589200
Fax: (+47)55589210
Web page: http://www.uib.no/econ/
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  1. Sumaila, U.R., 1997. "Strategic Dynamic Interaction: The Case of Barents Sea Fisheries," Norway; Department of Economics, University of Bergen 172, Department of Economics, University of Bergen.
  2. 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.
  3. Gordon R. Munro, 1979. "The Optimal Management of Transboundary Renewable Resources," Canadian Journal of Economics, Canadian Economics Association, vol. 12(3), pages 355-76, August.
  4. Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
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