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Game Theory and Fisheries : Essays on the Tragedy of Free for All Fishing.

Author: Ussif Rashid Sumaila
Publisher: Hoboken : Taylor and Francis, 2013.
Series: Routledge explorations in environmental economics.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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,  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Sumaila, Ussif Rashid.
Game Theory and Fisheries : Essays on the Tragedy of Free for All Fishing.
Hoboken : Taylor and Francis, ©2013
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Ussif Rashid Sumaila
ISBN: 9781136187285 1136187286
OCLC Number: 857365031
Description: 1 online resource (201 pages).
Contents: Cover; Game Theory and Fisheries; Title Page; Copyright Page; Table of Contents; List of figures; List of tables; Foreword; Preface; Acknowledgements; Symbols and acronyms; 1 Introduction; 2 Game-theoretic models of fishing; Introduction; Models of fishing; Cooperative and non-cooperative management; Dynamic externality; Market externality; Multispecies interaction externality; Transboundary/migratory/straddling stock models; Malleable and non-malleable capital models; Fisheries management models with uncertainty; Computational methods; Concluding remarks. 3 Cooperative and non-cooperative management when capital investment is malleableIntroduction; The model; Data; Results; Concluding remarks; 4 Cooperative and non-cooperative management when capital investment is non-malleable; Introduction; The North-east Atlantic cod fishery; The model; Numerical method; Numerical results; Concluding remarks; 5 Strategic dynamic interaction: the case of Barents Sea fisheries; Introduction; Historical note; The bioeconomic model; Economics; Numerical results; Concluding remarks; 6 Cannibalism and the optimal sharing of the North-east Atlantic cod stock. IntroductionThe model; Simulation results; Concluding remarks; 7 Implications of implementing an ITQ management system for the Arcto-Norwegian cod stock; Introduction; The North-east Arctic cod fishery; The model; Data; Results; Discussion; 8 Marine protected area performance in a game-theoretic model of the fishery; Introduction; The model; The data; Results; Conclusion; 9 Distributional and efficiency effects of marine protected areas; Introduction; The North-east Atlantic cod fishery; The model; Data; The results; Discussion. 10 Playing sequential games with Western Central Pacific tuna stocksIntroduction; The model; The data; The results; Concluding remarks; 11 Impact of management scenarios and fisheries gear selectivity on the potential economic gains from a fish stock; Introduction; The Namibian hake fishery; The model; Model data; The results; Discussion and concluding remarks; 12 Managing bluefin tuna in the Mediterranean Sea; Introduction; The fisheries; Economic benefits of bluefin tuna; Institutional setting; Why has the current institutional framework failed?; Policy recommendations. Listing in Convention on International Trade in Endangered Species of Wild Fauna and Flora as an endangered speciesConclusions; Appendix: theoretical basis of the solution procedure; Notes; References; Index.
Series Title: Routledge explorations in environmental economics.

Abstract:

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 e.

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