Game Theory and Fisheries Management

Game Theory and Fisheries Management PDF

Author: Lone Grønbæk

Publisher: Springer Nature

Published: 2020-02-18

Total Pages: 155

ISBN-13: 303040112X

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This book is the first to present in a systematic manner the application of game theory to fisheries management at both international and national levels. Strategic interaction among fishers and nations exploiting fishery resources is an inescapable fact of life. This has long been recognized at the international level, and is becoming increasingly recognized at the national/regional level. It follows, therefore, that, in order to be able to analyse effectively the management of these resources, the theory of strategic interaction ̶ game theory ̶ must be brought to bear. In this book the step-by-step development of the game theory is accompanied by numerous applications to the real world of fisheries management policy. As such, it is designed to appeal to policy makers and stakeholders, as well as to graduate students in Economics.

Game Theory and Fisheries

Game Theory and Fisheries PDF

Author: Ussif Rashid Sumaila

Publisher: Routledge

Published: 2013-08-22

Total Pages: 201

ISBN-13: 1136187286

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Today, there is a growing sense of urgency among fisheries scientists regarding the management of fish stocks, particularly among those who predict the imminent collapse of the fishing industry due to stock depletion. This book takes a game theoretic approach to discussing potential solutions to the problem of fish stock depletion. Acknowledging the classification of fish stocks as destructible renewable resources, these essays are concerned with the question of how much of the stock should be consumed today and how much should be left in place for the future. The book targets both economists and students of economics who are familiar with the tools of their trade but not necessarily familiar with game theory in the context of fisheries management. Importantly, the goal is not to give a summary evaluation of the current views of the ‘appropriate’ response to immediate policy questions, but rather to describe the ways in which the problems at hand can be productively formulated and approached using game theory and couched on real world fisheries. Game Theory and Fisheries consists of twelve previously published but updated articles in fisheries management, a number of which address a gap in the fisheries literature by modelling and analysing the exploitation of fishery resources in a two-agent fishery, in both cooperative and non-cooperative environments. The author’s work ultimately illustrates that the analysis of strategic interaction between those with access to shared fishery resources will be incomplete without the use of game theory.

Advances in Fisheries Economics

Advances in Fisheries Economics PDF

Author: Trond Bjorndal

Publisher: John Wiley & Sons

Published: 2008-04-15

Total Pages: 320

ISBN-13: 0470751576

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A true landmark publication, Advances in Fisheries Economics brings together many of the world’s leading fisheries economists to authoritatively cover the many issues facing the field of fisheries economics and management today. Compiled in honour of the work and achievements of Professor Gordon Munro of the University of British Columbia, Canada, this exceptional volume of research serves as both a valuable reference tool and fitting tribute to a man whose work has shaped the discipline. Divided into four sections, the text includes coverage of: • Property Rights and Fisheries Management • Capital Theory and Natural Resources • Game Theory and International Fisheries • Applied Fisheries Economics and Management The book is an important addition to the resources of all fisheries economists, managers, scientists and fish biologists. Libraries in universities and research establishments where these subjects are studied and taught should have copies on their shelves. About the Editors Dr. Trond Bjørndal is Professor of Economics, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, Norway and Director, CEMARE, University of Portsmouth, England. Dr. Daniel V. Gordon is Professor of Economics, University of Calgary, Canada and Distinguished Research Fellow, Centre for Fisheries Economics, Institute for Research in Economics and Business Administration, Bergen, Norway Dr. Ragnar Arnason is Professor of Economics and the Chairman of the Institute of Economic Studies, University of Iceland. Dr. U. Rashid Sumaila is Director of the Fisheries Economics Research Unit, Fisheries Centre, University of British Columbia.

Cooperative Game Theory and Its Application to Natural Environmental and Water Resource Issues: 2. Application to Natural and Environmental Resources

Cooperative Game Theory and Its Application to Natural Environmental and Water Resource Issues: 2. Application to Natural and Environmental Resources PDF

Author: Stefano Zara, Fioravante Patrone, Ariel Dinar

Publisher: World Bank Publications

Published: 2006

Total Pages: 83

ISBN-13:

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Abstract: This paper provides a review of various applications of cooperative game theory (CGT) to issues of natural and environmental resources. With an increase in the level of competition over environmental and natural resources, the incidents of disputes have been at the center of allocation agreements. The paper reviews the cases of common pool resources such as fisheries and forests, and cases of environmental pollution such as acid rain, flow, and stock pollution. In addition to providing examples of cooperative solutions to allocation problems, the conclusion from this review suggests that cooperation over scarce environmental and natural resources is possible under a variety of physical conditions and institutional arrangements. CGT applications to international fishery disputes are especially useful in that they have been making headway in policy-related agreements among states and regions of the world. Forest applications are more local in nature, but of great relevance in solving disputes among communities and various levels of governments.

Game Theory and Policymaking in Natural Resources and the Environment

Game Theory and Policymaking in Natural Resources and the Environment PDF

Author: Ariel Dinar

Publisher: Taylor & Francis

Published: 2008

Total Pages: 345

ISBN-13: 9780415774222

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This book includes chapters by experts from developing and developed countries that apply game theory to issues in natural resources and the environment, demonstrating the usefulness of game theory in policy-making and appealing to a wide audience.

Dynamic Optimization and Mathematical Economics

Dynamic Optimization and Mathematical Economics PDF

Author: Pan-Tai Liu

Publisher: Springer Science & Business Media

Published: 2013-03-09

Total Pages: 273

ISBN-13: 1468435728

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As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic planning, and profit optimiza tion, for example, have been greatly influenced by results in optimal control, stabilization, estimation, optimization under conflicts, multi criteria optimization, control of large-scale systems, etc. The great success that has been achieved so far in utilizing modern control theory in economic systems should be attributed to the effort of control theorists as well as economists. Collaboration between the two groups of researchers has proven to be most successful in many instances; nevertheless, the gap between them has existed for some time. Whereas a control theorist frequently sets up a mathematically feasible model to obtain results that permit economic interpretations, an economist is concerned more with the fidelity of the model in representing a real world problem, and results that are obtained (through possibly less mathematical analysis) are due largely to economic insight. The papers appearing in this volume are divided into three parts. In Part I there are five papers on the application of control theory to economic planning. Part II contains five papers on exploration, exploita tion, and pricing of extractive natural resources. Finally, in Part III, some recent advances in large-scale systems and decentralized control appear.

Fisheries Economics, Volume I

Fisheries Economics, Volume I PDF

Author: Lee G. Anderson

Publisher: Routledge

Published: 2019-10-28

Total Pages: 371

ISBN-13: 1351757318

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This title was first published in 2002: This important collection of international research on fisheries economics offers a comprehensive source of contemporary research on key topics in the field, as well as presenting the history of how the economic theory of fisheries exploitation has developed. Bringing into focus a wide range of inquiry, this volume concentrates most particularly on the traditional economic problem of optimal resource allocation. Individual papers examine fundamental issues including, the lack of efficiency of open access and the specification of exactly what dynamic efficiency entails. Fisheries Economics is an invaluable research reference collection for the libraries of academic and other professional economists, as well as an indispensable resource for those studying across the fields of natural resources, fisheries economics and particularly fisheries management.

Fishery Co-Management

Fishery Co-Management PDF

Author: Robert S. Pomeroy

Publisher: CABI

Published: 2005

Total Pages: 283

ISBN-13: 0851990908

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During the last decade, there has been a shift in the governance and management of fisheries to a broaderapproach that recognizes the participation of fishers, local stewardship, and shared decision-making.Through this process, fishers are empowered to become active members of the management team,balancing rights and responsibilities, and working in partnership with government. This approach iscalled co-management.This handbook describes the process of community-based co-management from its beginning, throughimplementation, to turnover to the community. It provides ideas, methods, techniques, activities, checklists,examples, questions and indicators for the planning and implementing of a process of community-basedco-management. It focuses on small-scale fisheries (freshwater, floodplain, estuarine, or marine) indeveloping countries, but is also relevant to small-scale fisheries in developed countries and to themanagement of other coastal resources (such as coral reefs, mangroves, sea grass, and wetlands). Thishandbook will be of significant interest to resource managers, practitioners, academics and students ofsmall-scale fisheries.

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