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

Author

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  • Sumaila, U.R.

Abstract

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.

Suggested Citation

  • Sumaila, U.R., 1997. "Cooperative and Non-Cooperative Exploitation of the Arcto-Norwegian Cod Stock," Norway; Department of Economics, University of Bergen 167, Department of Economics, University of Bergen.
  • Handle: RePEc:fth:bereco:167
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    References listed on IDEAS

    as
    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. Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
    3. 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.
    4. Gordon R. Munro, 1979. "The Optimal Management of Transboundary Renewable Resources," Canadian Journal of Economics, Canadian Economics Association, vol. 12(3), pages 355-376, August.
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    Citations

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    Cited by:

    1. Diekert, Florian K. & Hjermann, Dag Ø. & Nævdal, Eric & Stenseth, Nils Chr., 2010. "Non-cooperative exploitation of multi-cohort fisheries--The role of gear selectivity in the North-East Arctic cod fishery," Resource and Energy Economics, Elsevier, vol. 32(1), pages 78-92, January.
    2. Chakravorty, Ujjayant & Fisher, Donna K., 2003. "Environmental Regulation And Globalization In The Coastal Fishery," 2003 Annual meeting, July 27-30, Montreal, Canada 22082, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Shady S. Atallah & Miguel I. Gómez & Jon M. Conrad, 2017. "Specification of Spatial-Dynamic Externalities and Implications for Strategic Behavior in Disease Control," Land Economics, University of Wisconsin Press, vol. 93(2), pages 209-229.
    4. Atallah, Shady S. & Gómez, Miguel I. & Conrad, Jon M., 2013. "A Bioeconomic Model of Plant Disease Management under Spatial-Dynamic Externalities: Grapevine Leafroll Disease," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151144, Agricultural and Applied Economics Association.
    5. Diekert, Florian K. & Hjermann, Dag Ø. & Nævdal , Eric & Stenseth , Nils Chr., 2008. "Optimal Age- and Gear-specific Harvesting Policies for North-East Arctic Cod," Memorandum 16/2008, Oslo University, Department of Economics.
    6. Tahvonen, Olli, 2009. "Economics of harvesting age-structured fish populations," Journal of Environmental Economics and Management, Elsevier, vol. 58(3), pages 281-299, November.
    7. 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.
    8. Richard Horan & James Shortle & Erwin Bulte, 1999. "Renewable Resource Policy When Distributional Impacts Matter," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(2), pages 191-215, September.
    9. Duncan Knowler, 2002. "A Review of Selected Bioeconomic Models with Environmental Influences in Fisheries," Journal of Bioeconomics, Springer, vol. 4(2), pages 163-181, May.
    10. Hutton, Trevor & Sumaila, Ussif Rashid, 2002. "Natural Resource Accounting And South African Fisheries: A Bio-Economic Assessment Of The West Coast Deep-Sea Hake Fishery With Reference To The Optimal Utilisation And Management Of The Resource," Discussion Papers 18018, University of Pretoria, Center for Environmental Economics and Policy in Africa.
    11. Claire Armstrong, 1999. "Sharing a Fish Resource – Bioeconomic Analysis of An Applied Allocation Rule," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(1), pages 75-94, January.
    12. Trond Bjørndal & Marko Lindroos, 2004. "International Management of North-Sea Herring," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(1), pages 83-96, September.
    13. Bhat, Mahadev G. & Huffaker, Ray G., 2007. "Management of a transboundary wildlife population: A self-enforcing cooperative agreement with renegotiation and variable transfer payments," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 54-67, January.
    14. repec:eee:ecomod:v:272:y:2014:i:c:p:68-75 is not listed on IDEAS
    15. Gakushi Ishimura & Sam Herrick & Ussif Sumaila, 2013. "Fishing games under climate variability: transboundary management of Pacific sardine in the California Current System," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 15(2), pages 189-209, April.
    16. Ikerne del Valle & Inmaculada Astorkiza & Kepa Astorkiza, 2001. "Is the Current Regulation of the VIII Division European Anchovy Optimal?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(1), pages 53-72, May.
    17. Trond Bjørndal & Marko Lindroos, 2012. "Cooperative and non-cooperative management of the Northeast Atlantic cod fishery," Journal of Bioeconomics, Springer, vol. 14(1), pages 41-60, April.
    18. repec:eee:ecomod:v:222:y:2011:i:6:p:1253-1261 is not listed on IDEAS

    More about this item

    Keywords

    FISHERY ; GAME THEORY;

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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