Restricted Access to Common-Property Fishery Resources: A Game-Theoretic Analysis

  • Colin W. Clark
Part of the Mathematical Concepts and Methods in Science and Engineering book series (MCSENG)


The “tragedy of the commons” (Ref. 1) has proved particularly difficult to counteract in the case of marine fishery resources (Refs. 2–4), where the establishment of individual property rights is virtually out of the question. Common ownership is the fundamental fact affecting almost every regime of fishery management.


Fishery Management Differential Game Fishery Resource Yellowfin Tuna Economic Rent 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. 1.
    Hardin, G., The tragedy of the commons, Science, Vol. 162, pp. 1243–1247, 1968.CrossRefGoogle Scholar
  2. 2.
    Christy, F. T., Jr and Scorr, A. D., The Common Wealth in Ocean Fisheries, Johns Hopkins University Press, Baltimore, Md., 1965.Google Scholar
  3. 3.
    Clark, C. W., Mathematical Thoeconomics: The Optimal Management of Renewable Resources, Wiley-Interscience, New York, 1976.Google Scholar
  4. 4.
    Scott, A. D. and Southey, C., The problem of achieveng efficient regulation of a fishery, Economics of Fisheries Management: A Symposium. Edited by A. D. Scott, University of British Columbia, Institute of Animal Research and Ecology, Vancouver, B.C., 1970.Google Scholar
  5. 5.
    Gulland, J. A., The management of Marine Fisheries, University of Washington Press, Seattle, Wash., 1974.Google Scholar
  6. 6.
    Gordon, H. S., Economic theory of a common-property resource: The Fishery, Journal of Political Economy, Vol. 62, pp. 124–142, 1954.CrossRefGoogle Scholar
  7. 7.
    Anderson, L. G., The Economics of Fisheries Management, Johns Hopkins University Press, Baltimore, Md., 1977.Google Scholar
  8. 8.
    Clark, C. W. and Munro, G. R., The economics of fishing and modern capital theory: A simplified approach, Journal of Environmental Economics and Management, Vol. 2, pp. 92–106, 1975.CrossRefGoogle Scholar
  9. 9.
    Plourde, C. G., Exploitation of common-property replenishable resources, Western Economics Journal, Vol. 9, pp. 256–266, 1971.Google Scholar
  10. 10.
    Quirk, J. P. and Smith, V. L., Dynamic economic models of fishing, Economics of Fisheries Management, A Symposium. Edited by A. D. Scott, University of British Columbia, Institute of Animal Research and Ecology, Vancouver, British Columbia, 1970.Google Scholar
  11. 11.
    Smith, V. L., On models of commercial fishing, Journal of Political Economy, Vol. 77, pp. 181–198, 1969.CrossRefGoogle Scholar
  12. 12.
    Isaacs, R., Differential games, their scope, nature, and future, Journal of Optimization Theory and Applications, Vol. 3, pp. 283–295, 1969.CrossRefGoogle Scholar
  13. 13.
    Schaefer, M. B., A study of the dynamics of the fishery for yellowfin tuna in the eastern tropical Pacific Ocean, Bulletin of the Inter-American Tropical Tuna Commission, Vol. 2, pp. 247–285, 1957.Google Scholar
  14. 14.
    Spence, M. and Starrett, D., Most rapid approach paths in accumulation problems, International Economic Review, Vol. 16, pp. 388–403, 1975.CrossRefGoogle Scholar
  15. 15.
    Clark, C. W., Clarke, F. H., and Munro, G. R., The optimal exploitation of renewable resource stocks: Problems of irreversible investment, Econometrica, Vol. 47, pp. 25–47, 1979.CrossRefGoogle Scholar
  16. 16.
    Ho, Y. C., Differential games, dynamic optimization, and generalized control theory, Journal of Optimization Theory and Applications, Vol. 6, pp. 179–209, 1970.CrossRefGoogle Scholar
  17. 17.
    Nash, J. F., Non-cooperative games. Annals of Mathematics, Vol. 54, pp. 286–295, 1951.CrossRefGoogle Scholar
  18. 18.
    Munro, G. R., The optimal management of transboundary renewable resources, Canadian Journal of Economics, Vol. 12, pp. 355–376, 1979.CrossRefGoogle Scholar
  19. 19.
    Case, J., A dynamic version of Cournot’s problem, Differential Games and Control Theory. Edited by E. O. Roxin, P. T. Liu, and R. L. Sternberg, Marcel Dekker, New York, pp. 161–178, 1977.Google Scholar
  20. 20.
    Brown, G., Jr., An optimal program for managing common property resources with congestion externalities, Journal of Political Economy, Vol. 82, pp. 163–174, 1974.CrossRefGoogle Scholar
  21. 21.
    Adasiak, A., Alaska’s experience with limited entry, Journal of the Fisheries Research Board of Canada, Vol. 36, pp. 770–782, 1979.CrossRefGoogle Scholar
  22. 22.
    Christy, F. T., Jr., Limited access systems under the Fishery Conservation and Management Act of 1976, Economic Impacts of Extended Fisheries Jurisdiction. Edited by L. G. Anderson, Ann Arbor Science, Ann Arbor, Mich., 1976.Google Scholar

Copyright information

© Plenum Press, New York 1980

Authors and Affiliations

  • Colin W. Clark
    • 1
  1. 1.Department of MathematicsUniversity of British ColumbiaVancouverCanada

Personalised recommendations