IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Estimating the economic benefits of cooperative and non-cooperative management of the Illex argentinus fishery in South America

Listed author(s):
  • Sebastián Villasante; Rashid Sumaila


    (University of Santiago de Compostela, Spain)

The Patagonian marine ecosystem is one of the most productive ecosystems in the world, with important commercial shared/straddling stocks. One of the highest mobility resources is the Argentine shortfin squid (Illex argentinus). Its distribution is limited to the area of influence of the warm-cold waters of sub-Antarctic origin, particularly of the Falkland Current; and it plays an important ecological role in the region. This resource is exploited by different foreign fleets that operate both within the Argentine exclusive economic zone and within the adjacent area beyond the 200-mile limit, as well as in Falklands (Malvinas) waters. Hence, the countries face what is known as stock externality in which one nation’s catch impacts negatively on another one’s. Nevertheless, little research has been done on both legal and economic aspects of this fishery. By using the predictive power of game theory, this paper explores the economic benefits of cooperative or non-cooperative fisheries management of Illex argentinus between Argentina and the United Kingdom. The model used is a discrete-time one of finite horizon with the fishery steady state static model of harvesting. The preliminary empirical results suggest that there is a correspondence between what the fishery has experimented over the last few years, with a non-cooperative scenario. This paper also demonstrates that in the cooperative scenario both players would obtain better economic benefits, because each would reduce the fishing effort and the abundance of the stock would remain below the reference points recommended by scientists.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Latin American and Caribbean Environmental Economics Program in its series Working Papers with number 200914.

in new window

Length: 26 pages
Date of creation: Dec 2009
Date of revision: Dec 2009
Handle: RePEc:lae:wpaper:200914
Contact details of provider: Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:lae:wpaper:200914. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Liz Delgado)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.