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Fishery Management Games: How to reduce effort and admit new members AgEcon
Do, Kim Hang Pham; Folmer, Henk; Norde, Henk.
This paper addresses the two main problems that Regional Fishery Management Organizations face. First, how to induce independent nations to reduce their fishing efforts from the competitive equilibrium to prevent the fish stock from extinction or to increase profits. We argue that adjustment from the Nash equilibrium to a state of sustainable yield can be achieved by means of the proportional rule without harming any of the countries involved. Next we propose the population monotonic allocation scheme as management rule for the second problem: the division of profits within an
Tipo: Conference Paper or Presentation Palavras-chave: Fishery management; Proportional rule; Population monotonic allocation scheme; Shapley value; Resource /Energy Economics and Policy; C71; C72; D62; D74; Q22.
Ano: 2006 URL: http://purl.umn.edu/31964
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Social choice and groundwater management: application of the uniform rule Ciencia e Investigación Agraria
Martinez,Yolanda; Esteban,Encarna.
Y. Martinez, and E. Esteban. 2014. Social choice and groundwater management: application of the uniform rule. Cien. Inv. Agr. 41(2): 153-162. In recent decades, the protection of groundwater resources has become a key element in environmental policies around the world as the control of groundwater extraction is necessary to avoid groundwater depletion. This paper proposes a system to improve the allocation of groundwater resources based on the theory of social choice. We propose the implementation of the uniform rule as a mechanism to achieve more efficient groundwater allocation. The uniform rule combines individual preferences to reach collective decisions and respects the anonymity between agents. Additionally, the rule is Pareto efficient and...
Tipo: Journal article Palavras-chave: Groundwater management; Market rule; Social choice rule; Proportional rule; Strategy-proofness; Uniform rule; Western La Mancha aquifer.
Ano: 2014 URL: http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-16202014000200002
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