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Appears in Collections:Economics Working Papers
Peer Review Status: Unrefereed
Title: Stability and Success of Regional Fisheries Management Organizations
Author(s): Pintassilgo, Pedro
Finus, Michael
Lindroos, Marko
Munro, Gordon
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Citation: Pintassilgo P, Finus M, Lindroos M & Munro G (2008) Stability and Success of Regional Fisheries Management Organizations. Stirling Economics Discussion Paper, 2008-11.
Keywords: straddling fish stock
regional fisheries management organizations
unregulated fishing
bioeconomic model
coalition formation model
Fishery management, International Mathematical models
Fishery law and legislation
JEL Code(s): C72: Noncooperative Games
Q22: Renewable Resources and Conservation: Fishery; Aquaculture
Issue Date: 1-Jun-2008
Series/Report no.: Stirling Economics Discussion Paper, 2008-11
Abstract: According to international law, straddling fish stocks should be managed cooperatively through Regional Fisheries Management Organizations (RFMOs). This paper analyzes the stability and success of these organizations through a game in partition function form based on the classical Gordon-Schaefer bioeconomic model. It is shown that the larger the number of fishing states that compete for the fish stock the higher are the relative gains from full cooperation, but the lower is the likelihood of large RFMOs being stable. Moreover, the success of coalition formation is positively correlated with the degree of production cost asymmetry among fishing states and negatively with the overall level of efficiency.
Type: Working Paper
Affiliation: University of Algarve
University of Helsinki
University of British Columbia

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