Tragedy in the Barents Sea? : optimal and non-cooperative exploitation of a shared renewable resource: the North-East arctic cod fishery

Cod from the Barents Sea, which is shared with Russia, is of cultural and economic importance to Norway. How should the resource be harvested to maximize its economic gain? Which implications has a non-cooperative exploitation from the two bordering nations? To answer these questions, simulations of...

Full description

Bibliographic Details
Main Author: Diekert, Florian Klaus
Other Authors: Eric Nævdal
Format: Master Thesis
Language:English
Published: 2007
Subjects:
VDP::210
Arctic
Barents Sea
Norway
Arctic cod
Online Access:http://hdl.handle.net/10852/17447
http://urn.nb.no/URN:NBN:no-18393
Description
Summary:Cod from the Barents Sea, which is shared with Russia, is of cultural and economic importance to Norway. How should the resource be harvested to maximize its economic gain? Which implications has a non-cooperative exploitation from the two bordering nations? To answer these questions, simulations of a bio-economic model have been carried out. The optimal harvesting regime is contrasted to the outcome of current management and of competing exploitation.

Similar Items