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A Coalition Game of the Baltic Sea Cod Fishery

Author

Listed:
  • Lone Grønbæk Kronbak

    () (Department of Environmental and Business Economics, University of Southern Denmark)

Abstract

The paper sets up a discrete-time, deterministic, coalition game model among the major agents exploiting the cod stock in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one-point solution concepts. The paper identifies the problem with these sharing rules and develops a new sharing rule which takes into account the stability of cooperation. The paper contributes to the literature by introducing a connection between cooperative games (sharing rules) and non-cooperative games (stabil-ity).

Suggested Citation

  • Lone Grønbæk Kronbak, 2004. "A Coalition Game of the Baltic Sea Cod Fishery," Working Papers 55/04, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
  • Handle: RePEc:sdk:wpaper:55
    as

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    File URL: http://www.sdu.dk/~/media/Files/Om_SDU/Institutter/Miljo/ime/wp/kronbak55.ashx
    File Function: First version, 2004-03
    Download Restriction: no

    References listed on IDEAS

    as
    1. Henry Tulkens & Parkash Chander, 1997. "The Core of an Economy with Multilateral Environmental Externalities," International Journal of Game Theory, Springer;Game Theory Society, vol. 26(3), pages 379-401.
    2. Lone Kronbak & Marko Lindroos, 2006. "An Enforcement-Coalition Model: Fishermen and Authorities Forming Coalitions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 35(3), pages 169-194, November.
    3. Sumaila, Ussif Rashid, 1999. "A review of game-theoretic models of fishing," Marine Policy, Elsevier, vol. 23(1), pages 1-10, January.
    4. Hannesson, Rognvaldur, 1997. "Fishing as a Supergame," Journal of Environmental Economics and Management, Elsevier, vol. 32(3), pages 309-322, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Fisheries; Cooperation; Coalition Game; Baltic Sea Cod; Shapley value; Characteristic function; nucleolus; Sharing rules; stability of cooperation;

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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