Environmental and Resource Economics

, Volume 58, Issue 3, pp 353–372 | Cite as

Information Sharing and Cooperative Search in Fisheries

  • Keith S. Evans
  • Quinn Weninger


We present a dynamic game of search and learning about the productivity of competing fishing locations. Perfect Bayesian Nash equilibrium search patterns for non-cooperating fishermen and members of an information sharing cooperative are compared with first-best outcomes. Independent fishermen do not internalize the full value of information, and do not replicate first-best search. A fishing cooperative faces a free-riding problem, as each coop member prefers that other members undertake costly search for information. Pooling contracts among coop members may mitigate, but are not likely to eliminate free-riding. Our results explain the paucity of information sharing in fisheries and suggest regulators use caution in advocating cooperatives as a solution to common pool inefficiencies in fisheries.


Search Information sharing Bayesian learning  Fisheries cooperatives 

JEL Classification

Q22 D8 

Supplementary material

10640_2013_9701_MOESM1_ESM.pdf (170 kb)
Supplementary material 1 (pdf 169 KB)


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Copyright information

© Springer Science+Business Media Dordrecht 2013

Authors and Affiliations

  1. 1.Department of EconomicsSt. Lawrence UniversityCantonUSA
  2. 2.Department of EconomicsIowa State UniversityAmesUSA

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