A Model of Fishing Conflicts in Foreign Fisheries
Coastal nations can impose conditions of use on foreign fishing firms that operate in their Exclusive Economic Zone. We develop a game-theoretical model in which a fishery owner maximizes the revenue that it collects from firms that operate in its EEZ by charging them a fishing fee. We find that if the number of firms is exogenous and finite the owner is likely to select a fee that is higher than socially optimal. On the other hand, if the owner can choose the number of firms it does not place any restrictions on entry to the EEZ and selects a fee that maximizes net return.
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| Length: | 29 pages |
| Date of creation: | 2002 |
| Date of revision: | |
| Handle: | RePEc:hai:wpaper:200216 |
| Contact details of provider: | Postal: Phone: (808)956-8730 Fax: (808)956-4347 Web page: http://www.economics.hawaii.edu/ Email: More information through EDIRC
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References listed on IDEAS
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- David Levhari & Leonard J. Mirman, 1980. "The Great Fish War: An Example Using a Dynamic Cournot-Nash Solution," Bell Journal of Economics, The RAND Corporation, vol. 11(1), pages 322-334, Spring.
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- repec:ner:tilbur:urn:nbn:nl:ui:12-80137 is not listed on IDEAS
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