Playing Chicken with Salmon
Wild Atlantic salmon are traditionally harvested from both the sea and spawning rivers during spawning runs. From an economic point of view, the return from sport fishing in rivers is several times higher than marine ‘for meat only’ harvests. This situation calls for a side payment regime where rive...
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2006
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ftntnutrondheimi:oai:ntnuopen.ntnu.no:11250/267059 2023-05-15T15:32:07+02:00 Playing Chicken with Salmon Olaussen, Jon Olaf Norges teknisk-naturvitenskapelige universitet, Fakultet for samfunnsvitenskap og teknologiledelse, Institutt for samfunnsøkonomi 2006 http://hdl.handle.net/11250/267059 eng eng Institutt for samfunnsøkonomi Working Paper Series, 1503-299X; 2006:10 126036 http://hdl.handle.net/11250/267059 Research report 2006 ftntnutrondheimi 2019-09-17T06:50:04Z Wild Atlantic salmon are traditionally harvested from both the sea and spawning rivers during spawning runs. From an economic point of view, the return from sport fishing in rivers is several times higher than marine ‘for meat only’ harvests. This situation calls for a side payment regime where river owners pay marine fishermen not to fish, and where both parties gain. This paper argues that the reason why such side payment regimes are rarely seen, despite the obvious mutual gain, is due to the potential free-riding incentives among river owners. Although it is shown that the decision each river owner faces can be described as a game of chicken, taking the stochastic ecology into account may reveal a different pay-off structure. It is also demonstrated that the stochastic ecology of salmon, combined with price rigidities in the rivers, may explain the lack of side payment regimes. Report Atlantic salmon NTNU Open Archive (Norwegian University of Science and Technology) |
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Open Polar |
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NTNU Open Archive (Norwegian University of Science and Technology) |
op_collection_id |
ftntnutrondheimi |
language |
English |
description |
Wild Atlantic salmon are traditionally harvested from both the sea and spawning rivers during spawning runs. From an economic point of view, the return from sport fishing in rivers is several times higher than marine ‘for meat only’ harvests. This situation calls for a side payment regime where river owners pay marine fishermen not to fish, and where both parties gain. This paper argues that the reason why such side payment regimes are rarely seen, despite the obvious mutual gain, is due to the potential free-riding incentives among river owners. Although it is shown that the decision each river owner faces can be described as a game of chicken, taking the stochastic ecology into account may reveal a different pay-off structure. It is also demonstrated that the stochastic ecology of salmon, combined with price rigidities in the rivers, may explain the lack of side payment regimes. |
author2 |
Norges teknisk-naturvitenskapelige universitet, Fakultet for samfunnsvitenskap og teknologiledelse, Institutt for samfunnsøkonomi |
format |
Report |
author |
Olaussen, Jon Olaf |
spellingShingle |
Olaussen, Jon Olaf Playing Chicken with Salmon |
author_facet |
Olaussen, Jon Olaf |
author_sort |
Olaussen, Jon Olaf |
title |
Playing Chicken with Salmon |
title_short |
Playing Chicken with Salmon |
title_full |
Playing Chicken with Salmon |
title_fullStr |
Playing Chicken with Salmon |
title_full_unstemmed |
Playing Chicken with Salmon |
title_sort |
playing chicken with salmon |
publisher |
Institutt for samfunnsøkonomi |
publishDate |
2006 |
url |
http://hdl.handle.net/11250/267059 |
genre |
Atlantic salmon |
genre_facet |
Atlantic salmon |
op_relation |
Working Paper Series, 1503-299X; 2006:10 126036 http://hdl.handle.net/11250/267059 |
_version_ |
1766362624413401088 |