Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation
This paper analyses the management of the Atlantic salmon stocks in the Baltic Sea through a coalition game in the partition function form. The signs of economic and biological over-exploitation of these salmon stocks over the last two decades indicate that cooperation among the harvesting countries...
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ftrepec:oai:RePEc:ags:aare10:59094 2024-04-14T08:09:07+00:00 Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation Kulmala, Soile Levontin, Polina Lindroos, Marko Pintassilgo, Pedro https://ageconsearch.umn.edu/record/59094/files/Kulmala_%20Soile%202.pdf unknown https://ageconsearch.umn.edu/record/59094/files/Kulmala_%20Soile%202.pdf preprint ftrepec 2024-03-19T10:38:39Z This paper analyses the management of the Atlantic salmon stocks in the Baltic Sea through a coalition game in the partition function form. The signs of economic and biological over-exploitation of these salmon stocks over the last two decades indicate that cooperation among the harvesting countries, under the European Union's Common Fisheries Policy, has been superficial. Combining a two-stage game of four asymmetric players with a comprehensive bioeconomic model, we conclude that cooperation under the Relative Stability Principle is not a stable outcome. In contrast, the equilibrium of the game is non-cooperation. The paper also addresses the possibility of enhancing cooperation through more flexible fishing strategies. The results indicate that partial cooperation is stable under a specific sharing scheme. It is also shown that substantial economic benefits could have been realised by reallocating the fishing effort. Research and Development/Tech Change/Emerging Technologies Report Atlantic salmon RePEc (Research Papers in Economics) |
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RePEc (Research Papers in Economics) |
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This paper analyses the management of the Atlantic salmon stocks in the Baltic Sea through a coalition game in the partition function form. The signs of economic and biological over-exploitation of these salmon stocks over the last two decades indicate that cooperation among the harvesting countries, under the European Union's Common Fisheries Policy, has been superficial. Combining a two-stage game of four asymmetric players with a comprehensive bioeconomic model, we conclude that cooperation under the Relative Stability Principle is not a stable outcome. In contrast, the equilibrium of the game is non-cooperation. The paper also addresses the possibility of enhancing cooperation through more flexible fishing strategies. The results indicate that partial cooperation is stable under a specific sharing scheme. It is also shown that substantial economic benefits could have been realised by reallocating the fishing effort. Research and Development/Tech Change/Emerging Technologies |
format |
Report |
author |
Kulmala, Soile Levontin, Polina Lindroos, Marko Pintassilgo, Pedro |
spellingShingle |
Kulmala, Soile Levontin, Polina Lindroos, Marko Pintassilgo, Pedro Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation |
author_facet |
Kulmala, Soile Levontin, Polina Lindroos, Marko Pintassilgo, Pedro |
author_sort |
Kulmala, Soile |
title |
Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation |
title_short |
Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation |
title_full |
Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation |
title_fullStr |
Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation |
title_full_unstemmed |
Atlantic Salmon Fishery in the Baltic Sea – A Case of Trivial Cooperation |
title_sort |
atlantic salmon fishery in the baltic sea – a case of trivial cooperation |
url |
https://ageconsearch.umn.edu/record/59094/files/Kulmala_%20Soile%202.pdf |
genre |
Atlantic salmon |
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Atlantic salmon |
op_relation |
https://ageconsearch.umn.edu/record/59094/files/Kulmala_%20Soile%202.pdf |
_version_ |
1796306570923999232 |