MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES
This paper considers the prospects for cooperative multilateral management of the North Atlantic bluefin tuna fisheries in accordance with the United Nations (UN) Agreement on Straddling Fish Stocks and Highly Migratory Fish Stocks signed in December 1995. A three-players characteristic function gam...
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ftagecon:oai:ageconsearch.umn.edu:28169 2023-05-15T17:29:56+02:00 MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES Duarte, Clara Costa Brasao, Ana Pintassilgo, Pedro 2000 16 application/pdf http://purl.umn.edu/28169 English en eng AgEcon Search Marine Resource Economics>Volume 15, Number 1, 2000 15077 http://purl.umn.edu/28169 Resource /Energy Economics and Policy Journal Article 2000 ftagecon 2012-09-12T16:24:39Z This paper considers the prospects for cooperative multilateral management of the North Atlantic bluefin tuna fisheries in accordance with the United Nations (UN) Agreement on Straddling Fish Stocks and Highly Migratory Fish Stocks signed in December 1995. A three-players characteristic function game (c-game) is used to analyze the cooperative agreements. The analysis focuses on the sharing of total net returns from cooperation. Three sharing rules are calculated; namely, the Nucleolus, the Shapley value, and the Nash bargaining solution. The analysis is based on simulation and optimization results from a multi-gear, age-structured, bioeconomic model developed for the North Atlantic bluefin tuna fisheries, East and West stocks. The results show, as expected, that significant gains can be attained from cooperation. The different sharing rules for the distribution of gains provide different returns to each player. Nonetheless, the basic transfer payments structure is rather stable. This case study points out some particular situations where these solutions are not enough to guarantee cooperation between all the coastal states. Article in Journal/Newspaper North Atlantic AgEcon Search - Research in Agricultural & Applied Economics Nash ENVELOPE(-62.350,-62.350,-74.233,-74.233) |
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Open Polar |
collection |
AgEcon Search - Research in Agricultural & Applied Economics |
op_collection_id |
ftagecon |
language |
English |
topic |
Resource /Energy Economics and Policy |
spellingShingle |
Resource /Energy Economics and Policy Duarte, Clara Costa Brasao, Ana Pintassilgo, Pedro MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES |
topic_facet |
Resource /Energy Economics and Policy |
description |
This paper considers the prospects for cooperative multilateral management of the North Atlantic bluefin tuna fisheries in accordance with the United Nations (UN) Agreement on Straddling Fish Stocks and Highly Migratory Fish Stocks signed in December 1995. A three-players characteristic function game (c-game) is used to analyze the cooperative agreements. The analysis focuses on the sharing of total net returns from cooperation. Three sharing rules are calculated; namely, the Nucleolus, the Shapley value, and the Nash bargaining solution. The analysis is based on simulation and optimization results from a multi-gear, age-structured, bioeconomic model developed for the North Atlantic bluefin tuna fisheries, East and West stocks. The results show, as expected, that significant gains can be attained from cooperation. The different sharing rules for the distribution of gains provide different returns to each player. Nonetheless, the basic transfer payments structure is rather stable. This case study points out some particular situations where these solutions are not enough to guarantee cooperation between all the coastal states. |
format |
Article in Journal/Newspaper |
author |
Duarte, Clara Costa Brasao, Ana Pintassilgo, Pedro |
author_facet |
Duarte, Clara Costa Brasao, Ana Pintassilgo, Pedro |
author_sort |
Duarte, Clara Costa |
title |
MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES |
title_short |
MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES |
title_full |
MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES |
title_fullStr |
MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES |
title_full_unstemmed |
MANAGEMENT OF THE NORTHERN ATLANTIC BLUEFIN TUNA: AN APPLICATION OF C-GAMES |
title_sort |
management of the northern atlantic bluefin tuna: an application of c-games |
publisher |
AgEcon Search |
publishDate |
2000 |
url |
http://purl.umn.edu/28169 |
long_lat |
ENVELOPE(-62.350,-62.350,-74.233,-74.233) |
geographic |
Nash |
geographic_facet |
Nash |
genre |
North Atlantic |
genre_facet |
North Atlantic |
op_relation |
Marine Resource Economics>Volume 15, Number 1, 2000 15077 http://purl.umn.edu/28169 |
_version_ |
1766125176944066560 |