Game Theory and Fisheries Management

Game Theory and Fisheries Management

Author: Lone Grønbæk

Publisher: Springer Nature

ISBN: 9783030401122

Category: Mathematics

Page: 155

View: 573

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

Author: Ussif Rashid Sumaila

Publisher: Routledge

ISBN: 9781136187285

Category: Business & Economics

Page: 178

View: 203

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.

Game Theory and Fisheries

Game Theory and Fisheries

Author: Ussif Rashid Sumaila

Publisher: Routledge

ISBN: 1138224960

Category:

Page:

View: 455

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. "

Game Theory and Policy Making in Natural Resources and the Environment

Game Theory and Policy Making in Natural Resources and the Environment

Author: Ariel Dinar

Publisher: Routledge

ISBN: 9781135976101

Category: Business & Economics

Page: 366

View: 613

Game Theory has become one of the main analytical tools for addressing strategic issues in the field of economics and is increasing its influence in other fields of social sciences. With the increased level of extraction of natural resources and pollution of environments, game theory gains its place in the literature and it is more and more seen as a tool for policy makers and not only for theoreticians. The book is structured into four parts dealing with the management of natural resources, the negotiation aspects of water management, water allocation through pricing and markets, and how conflicts and regulation shape the management of the environment. The first part explores game theory concepts applied to fisheries and grazing lands, which are two important natural resources. In the next two parts, several game theory methodologies are considered in the negotiation approach to water management and approaches to water pricing and markets. The last section looks at environmental protection as the end process of the interplay between conflict and regulation. This book includes chapters by experts from developing and developed countries that apply game theory to actual issues in natural resources and the environment. As such the book is extremely useful for graduate students and technical experts interested in the sustainable management of natural resource and the environment. It is also relevant to all Game Theory and Environmental Economics students.

Game Theoretic Analysis

Game Theoretic Analysis

Author: Petrosyan Leon A

Publisher: World Scientific

ISBN: 9789811202025

Category: Mathematics

Page: 620

View: 554

This is a collection of recent novel contributions in game theory from a group of prominent authors in the field. It covers Non-cooperative Games, Equilibrium Analysis, Cooperative Games and Axiomatic Values in static and dynamic contexts.Part 1: Non-cooperative Games and Equilibrium AnalysisIn game theory, a non-cooperative game is a game with competition between individual players and in which only self-enforcing (e.g. through credible threats) alliances (or competition between groups of players, called 'coalitions') are possible due to the absence of external means to enforce cooperative behavior (e.g. contract law), as opposed to cooperative games. In fact, non-cooperative games are the foundation for the development of cooperative games by acting as the status quo. Non-cooperative games are generally analysed through the framework of equilibrium, which tries to predict players' individual strategies and payoffs. Indeed, equilibrium analysis is the centre of non-cooperative games. This volume on non-cooperative games and equilibrium analysis contains a variety of non-cooperative games and non-cooperative game equilibria from prominent authors in the field.Part 2: Cooperative Games and Axiomatic ValuesIt is well known that non-cooperative behaviours, in general, would not lead to a Pareto optimal outcome. Highly undesirable outcomes (like the prisoner's dilemma) and even devastating results (like the tragedy of the commons) could appear when the involved parties only care about their individual interests in a non-cooperative situation. Cooperative games offer the possibility of obtaining socially optimal and group efficient solutions to decision problems involving strategic actions. In addition, axiomatic values serve as guidance for establishing cooperative solutions. This volume on cooperative games and axiomatic values presents a collection of cooperative games and axiomatic values from prominent authors in the field.

Fisheries and Aquaculture - Volume V

Fisheries and Aquaculture - Volume V

Author: Patrick Safran

Publisher: EOLSS Publications

ISBN: 9781848261129

Category:

Page: 460

View: 175

Fisheries and Aquaculture theme is a component of Encyclopedia of Food and Agricultural Sciences, Engineering and Technology Resources in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. Fisheries are a major life support system and the main purpose of this theme on Fisheries and Aquaculture is to provide baseline information and latest knowledge at the dawn of this century to facilitate vital fisheries recovery before their irreparable collapse. This Theme on Fisheries and Aquaculture is divided into five topics. It starts with discussions on major issues and challenges in “Harvesting the Seas”, with emphasis on the role and importance of the fisheries sector and its environment, and introduces trends and perspectives in marine fisheries, including allocation of use rights, subsidies, and port management. The next two topics present an in-depth and detailed knowledge on fish and other aquatic living resources that are commercially exploited and/or farmed. The third topic on Inland Fisheries presents salmonid fish, eels, shad, whitefish and smelt, carp, perch, pike and bass, tilapia, frog, and crustaceans. The fourth topic presents a comprehensive review of trends and perspectives in Aquaculture: Principles and Prospects. The fifth topic on Economics of Fisheries and Aquaculture reviews the latest views and concepts useful to apprehend the fisheries management regime, including a comparative static economic theory and a dynamic theory of fishery, spatial bioeconomic dynamics and role of international law in the management of marine fisheries, rights-based and community fisheries management, aquaculture economics, and game theory and fisheries. These five volumes are aimed at the following five major target audiences: University and College Students Educators, Professional Practitioners, Research Personnel and Policy Analysts, Managers, and Decision Makers, NGOs and GOs.

Control and Game-Theoretic Models of the Environment

Control and Game-Theoretic Models of the Environment

Author: Jerzy Filar

Publisher: Springer Science & Business Media

ISBN: 9781461208419

Category: Mathematics

Page: 357

View: 146

This book collects some recent works on the application of dynamic game and control theory to the analysis of environmental problems. This collec tion of papers is not the outcome of a conference or of a workshop. It is rather the result of a careful screening from among a number of contribu tions that we have solicited across the world. In particular, we have been able to attract the work of some of the most prominent scholars in the field of dynamic analyses of the environment. Engineers, mathematicians and economists provide their views and analytical tools to better interpret the interactions between economic and environmental phenomena, thus achiev ing, through this interdisciplinary effort, new and interesting results. The goal of the book is more normative than descriptive. All papers include careful modelling of the dynamics of the main variables involved in the game between nature and economic agents and among economic agents themselves, as well-described in Vrieze's introductory chapter. Fur thermore, all papers use this careful modelling framework to provide policy prescriptions to the public agencies authorized to regulate emission dy namics. Several diverse problems are addressed: from global issues, such as the greenhouse effect or deforestation, to international ones, such as the management of fisheries, to local ones, for example, the control of effluent discharges. Moreover, pollution problems are not the only concern of this book.

Game Theory and Policy Making in Natural Resources and the Environment

Game Theory and Policy Making in Natural Resources and the Environment

Author: Ariel Dinar

Publisher: Routledge

ISBN: 9781135976095

Category: Business & Economics

Page: 368

View: 888

Game Theory has become one of the main analytical tools for addressing strategic issues in the field of economics and is increasing its influence in other fields of social sciences. With the increased level of extraction of natural resources and pollution of environments, game theory gains its place in the literature and it is more and more seen as a tool for policy makers and not only for theoreticians. The book is structured into four parts dealing with the management of natural resources, the negotiation aspects of water management, water allocation through pricing and markets, and how conflicts and regulation shape the management of the environment. The first part explores game theory concepts applied to fisheries and grazing lands, which are two important natural resources. In the next two parts, several game theory methodologies are considered in the negotiation approach to water management and approaches to water pricing and markets. The last section looks at environmental protection as the end process of the interplay between conflict and regulation. This book includes chapters by experts from developing and developed countries that apply game theory to actual issues in natural resources and the environment. As such the book is extremely useful for graduate students and technical experts interested in the sustainable management of natural resource and the environment. It is also relevant to all Game Theory and Environmental Economics students.

Making Fisheries Management Work

Making Fisheries Management Work

Author: Stig S. Gezelius

Publisher: Springer Science & Business Media

ISBN: 9781402086281

Category: Science

Page: 236

View: 476

The state of the Northeast Atlantic fisheries in recent years has highlighted - plementation as the Achilles heel of modern fisheries management: discards and unreported or misreported landings are in many cases recognised to effectively subvert sound conservation goals. Social science literature on fisheries mana- ment has tended to regard the implementation of resource conservation policies mainly as a question of effective enforcement. This literature regards surveillance and penalty as the key mechanism through which fishermen keep to catch restr- tions and loyally report their catches. This book emerged because several years of research on fishermen’s compliance had made us uneasy about this rather narrow approach to the problem of implementation. This uneasiness motivated us to widen the approach to the question of implementing conservation policies in the fisheries. Taking Norway as an example, its fishing fleet consists of some 7,000 vessels spread along a coastline of more than 20,000 km, populated by less than 5 million people. The idea of ensuring desirable behaviour through surveillance and - forcement alone is almost absurd in such a context, as the task is impossible by any reasonable means. The Norwegian implementation system has thus had to rely heavily on the incentives provided by the rules and legitimacy created through a century of state/industry collaboration. Different coastal states face very different conditions in terms of solving typical implementation problems such as discards and misreporting.

The Conservation and Management of Shared Fish Stocks

The Conservation and Management of Shared Fish Stocks

Author: Gordon Ross Munro

Publisher: Food & Agriculture Org.

ISBN: 9251051429

Category: Nature

Page: 84

View: 180

The effective management of shared fish stocks stands as one of the great challenges towards achieving long-term sustainable fisheries. These resources account for as much as one-third of world marine capture fishery harvests. This paper explores the legal and economic aspects of the management of each of the several different categories of shared stocks, namely transboundary, highly migratory, straddling and discrete high seas stocks. The economics of the issue point to the conclusion that, with few exceptions, effective cooperation between and among states is a fundamental prerequisite for sustainable resource management.