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Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation AgEcon
Kulmala, Soile; Levontin, Polina; Lindroos, Marko; Pintassilgo, Pedro.
This paper analyses the management of the Atlantic salmon stocks in the Baltic Sea through a coalition game in the partition function form. The signs of economic and biological over-exploitation of these salmon stocks over the last two decades indicate that cooperation among the harvesting countries, under the European Union's Common Fisheries Policy, has been superficial. Combining a two-stage game of four asymmetric players with a comprehensive bioeconomic model, we conclude that cooperation under the Relative Stability Principle is not a stable outcome. In contrast, the equilibrium of the game is non-cooperation. The paper also addresses the possibility of enhancing cooperation through more flexible fishing strategies. The results indicate that partial...
Tipo: Conference Paper or Presentation Palavras-chave: Atlantic salmon; Bioeconomic model; Coalition formation; Partition function; Sharing rules; Stability analysis; Research and Development/Tech Change/Emerging Technologies.
Ano: 2010 URL: http://purl.umn.edu/59094
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