Game Theory and Fisheries Management

Game Theory and Fisheries Management PDF Author: Lone Grønbæk
Publisher: Springer Nature
ISBN: 303040112X
Category : Mathematics
Languages : en
Pages : 160

Get Book Here

Book Description
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 Management

Game Theory and Fisheries Management PDF Author: Lone Grønbæk
Publisher: Springer Nature
ISBN: 303040112X
Category : Mathematics
Languages : en
Pages : 160

Get Book Here

Book Description
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
ISBN: 1136187286
Category : Business & Economics
Languages : en
Pages : 201

Get Book Here

Book Description
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
ISBN: 0470751576
Category : Technology & Engineering
Languages : en
Pages : 320

Get Book Here

Book Description
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.

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
ISBN: 9780415774222
Category : Business & Economics
Languages : en
Pages : 345

Get Book Here

Book Description
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
ISBN: 1468435728
Category : Science
Languages : en
Pages : 273

Get Book Here

Book Description
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.

Game Theory

Game Theory PDF Author: Aviad Heifetz
Publisher: Cambridge University Press
ISBN: 0521176042
Category : Business & Economics
Languages : en
Pages : 461

Get Book Here

Book Description
A guide to the fundamentals of game theory for undergraduates and MBA students.

The Worldwide Crisis in Fisheries

The Worldwide Crisis in Fisheries PDF Author: Colin W. Clark
Publisher: Cambridge University Press
ISBN: 0521840058
Category : Nature
Languages : en
Pages : 270

Get Book Here

Book Description
New management programs are suggested, to improve the state of the world's fisheries.

Advances in Fisheries Bioeconomics

Advances in Fisheries Bioeconomics PDF Author: J. C. Seijo
Publisher: Routledge
ISBN: 9780367591274
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
Efforts to effectively conserve and manage marine resources are facing increasing complexity of environmental and governance challenges. To address some of these challenges, this book presents advancements in fisheries bioeconomics research that provides significant ideas for addressing emerging environmental and fisheries management issues. Advances in Fisheries Bioeconomics gives insights into innovative approaches dealing with these issues, as well as novel ideas on changes in fisheries management paradigms. With contributions from leading experts in the field, this book offers an examination of a number of topics including: ecosystem based fisheries management; by-catch management and discard bans; the number of players in the fisheries game; the effects of ocean acidification; and the trends and impacts of eco-labeling and eco-certification of fisheries. Through integrating resource biology and ecology with the economics of fishers' behaviour, the authors provide valuable analysis of the current issues in fisheries management. This book will be of interest to those on advanced courses in fisheries science, natural resource biology and ecology, and environmental and natural resource economics. It will also appeal to researchers, policy makers, and advocacy groups around the world.

Fishery Co-Management

Fishery Co-Management PDF Author: Robert S. Pomeroy
Publisher: CABI
ISBN: 0851990908
Category : Technology & Engineering
Languages : en
Pages : 283

Get Book Here

Book Description
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.

Capturing the Commons

Capturing the Commons PDF Author: James M. Acheson
Publisher: University Press of New England
ISBN: 1611687381
Category : Nature
Languages : en
Pages : 294

Get Book Here

Book Description
One of the most pressing concerns of environmentalists and policy makers is the overexploitation of natural resources. Efforts to regulate such resources are too often undermined by the people whose livelihoods depend on their use. One of the great challenges for wildlife managers in the twenty-first century is learning to create the conditions under which people will erect effective and workable rules to conserve those resources. James M. Acheson, author of the best-selling Lobster Gangs of Maine (the seminal work on the culture and economics of lobster fishing), here turns his attention to the management of the lobster industry. In this illuminating new book, he shows that resource degradation is not inevitable. Indeed, the Maine lobster fishery is one of the most successful fisheries in the world. Catches have been stable since World War II, and record highs have been achieved since the late 1980s. According to Acheson, these high catches are due, in part, to the institutions generated by the lobster-fishing industry to control fishing practices. These rules are effective. Rational choice theory frames Acheson's down-to-earth study. Rational choice theorists believe that the overexploitation of marine resources stems from their common-pool nature, which results in collective action problems. In fisheries, what is rational for the individual fishermen can lead to disaster for the society. The progressive Maine lobster industry, lobster fishermen, and local groups have solved a series of such problems by creating three different sets of regulations: informal territorial rules; rules to control the number of traps; and formal conservation legislation. In recent years, the industry has successfully influenced new regulations at the federal level and has developed a strong co-management system with the Maine government. The process of developing these rules has been quite acrimonious; factions of fishermen have disagreed over lobster rules designed to give commercial advantage to one group or another. Although fishermen and scientists have come to share a conservation ethic, they often disagree over how to best conserve the lobster and even the quality of science. The importance of Capturing the Commons is twofold: it provides a case study of the management of one highly successful fishery, which can serve as a management model for policy makers, politicians, and local communities; and it adds to the body of theory concerning the conditions under which people will and will not devise institutions to manage natural resources.