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Please use this identifier to cite or link to this item: http://purl.umn.edu/28201

Title: NASH EQUILIBRIA IN A COALITION GAME OF THE NORWEGIAN SPRING-SPAWNING HERRING FISHERY
Authors: Lindroos, Marko
Kaitala, Veijo
Issue Date: 2000
Abstract: The purpose of this paper is to study the coalition game between the potential fishing nations of Norwegian spring-spawning herring. We study a three-player cooperative game using Shapley value and nucleolus as solution concepts. We show that full cooperation between all fishing nations is not stable when the fishing fleets have a high-catchability coefficient. Further, the potential new members of the regional fisheries management organization do not have an incentive to join in this case. However, the case of lower catchability coefficient of the fleets gives opposite results, providing us with more promising expectations for cooperation.
URI: http://purl.umn.edu/28201
Institution/Association: Marine Resource Economics>Volume 15, Number 4, 2000
Total Pages: 19
Language: English
From Page: 321
To Page: 339
Collections:Volume 15, Number 4, 2000

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