Skip to main content

Game Theory Models of Fisheries Management — a Survey

  • Conference paper
Dynamic Games and Applications in Economics

Part of the book series: Lecture Notes in Economics and Mathematical Systems ((LNE,volume 265))

Abstract

A survey of the literature dealing with the multi-agent exploitation of fishery resources is presented. The most common problems of fishery management include competitive exploitation of open-access fishery resources, non-cooperative and cooperative or bargaining approaches to resource management. This survey concentrates on papers which deal with dynamic game and control theory problems of resource modelling and bargaining.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Andersen, P. and J.G. Sutinen.(1984), “Stochastic Bioeconomics: A Review of Basic Methods and Results,” Marine Resource Economics, vol. 1, pp. 117–136.

    Google Scholar 

  • Basar, T. (1985), “A Tutorial on Dynamic and Differential Games,” this volume.

    Google Scholar 

  • Başar, T. and G.J. Olsder (1982), Dynamic Noncooperative Game Theory, Academic Press, New York.

    Google Scholar 

  • Berck, P. and J.M. Perloff (1984), “An Open-Access Fishery with Rational Expectations,” Econometrica, vol. 52, pp. 489–506.

    Article  Google Scholar 

  • Chiarella, C., M.C. Kemp, N.V. Long and K. Okuguchi (1984), “On the Economics of International Fisheries,” International Economic Review, vol. 25, pp. 85–92.

    Article  Google Scholar 

  • Clark, C.W. (1976), Mathematical Bioeconomics: The Optimal Management of Renewable Resources, Wiley-Interscience, New York.

    Google Scholar 

  • Clark, C.W. (1980), “Restricted Access to Common-Property Fishery Resources: A Game Theoretic Analysis,” in Dynamic Optimization and Mathematical Economics, P. Liu (Ed.), Plenum Press, New York.

    Google Scholar 

  • Clemhout, S. and H.Y. Wan, Jr. (1979), “Interactive Economic Dynamics and Differential Games,” Journal of Optimization Theory and Applications, vol. 27, pp. 7–30.

    Article  Google Scholar 

  • Feichtinger, G. and S. Jèrgensen (1983), “Differential Game Models in Management Science,” European Journal of Operational Research, vol. 14, pp. 137–155.

    Article  Google Scholar 

  • Fischer, T.R. (1981), “An Hierarchical Game Approach to Fishery Resource Management,” IEEE Transactions on Systems, Man, and Cybernetics, vol. SMC-11, pp. 216–222.

    Google Scholar 

  • Gordon, H.S. (1954), “Economic Theory of a Common-Property: The Fishery,” Journal of Political Economy, vol. 62, pp. 124–142.

    Article  Google Scholar 

  • Hämäläinen, R.P. (1981), “On the Cheating Problem in Stackelberg Games,” International Journal of Systems Science, vol. 12, pp. 753–770.

    Article  Google Scholar 

  • Hämäläinen, R.P., A. Haurie and V. Kaitala (1985), “Equilibria and Threats in a Fishery Management Game,” Optimal Control Applications & Methods, (in press).

    Google Scholar 

  • Hämäläinen, R.P., A. Haurie and V. Kaitala (1984), “Bargaining on Whales: A Differential Game Model with Pareto Optimal Equilibria,” Operations Research Letters, vol. 3, PP. 5–11.

    Article  Google Scholar 

  • Hämäläinen, R.P. and V. Kaitala (1982), “A Game on the Choice of Policy Variables in a Dynamic Resource Management Game,” Proc. 21st IEEE Conference on Decision and Control, vol. 1, Orlando, Florida.

    Google Scholar 

  • Haurie, A. (1982), “Stability and Optimal Exploitation over an Infinite Time Horizon of Interacting Populations,” Optimal Control Applications & Methods, vol. 3, pp. 241–256.

    Article  Google Scholar 

  • Haurie, A. and G. Leitmann (1984), “On the Global Asymptotic Stability of Equilibrium Solutions for Open-Loop Differential Games,” Large Scale Systems, vol. 6, pp. 107–122

    Google Scholar 

  • Haurie, A. and B. Tolwinski (1981), “Acceptable Equilibria in Dynamic Bargaining Games,” in System Modelling and Optimization, Proc. 10th IFIP Conference, Drenic, R.F. and F. Kozin (Eds.), New York.

    Google Scholar 

  • Jèrgensen, S. (1984), “Differential Game Models in Management Science: A Survey,” pp. 578–591, in Operations Research Proceedings 1983, Berlin, Heidelberg, Springer-Verlag.

    Google Scholar 

  • Jèrgensen, S. (1985), “Optimal Dynamic Pricing in an Oligopolistic Market: A Survey,” this volume.

    Google Scholar 

  • Kaitala, V. (1985), Game Theory Models of Dynamic Bargaining and Contracting in Fisheries Management, Helsinki University of Technology, Ph.D. dissertation.

    Google Scholar 

  • Kaitala, V. and R.P. Hämäläinen (1981), “A Differential Game Model of the Non-Cooperative Management of an International Fishery,” Proc. First International Conference Applied Modelling and Simulation, vol. V, pp. 183–186, Lyon, France, September 7-11.

    Google Scholar 

  • Kaitala, V., R.P. Hämäläinen and J. Ruusunen (1985), “On the Analysis of Equilibria and Bargaining in a Fishery Game,” in Optimal Control Theory and Economic Analysis 2, G. Feichtinger (Ed.), North-Holland, Amsterdam, New York, Oxford.

    Google Scholar 

  • Kalai, E. and M. Smorodinsky (1975), “Other Solutions to Nash’s Bargaining Problem,” Econometrica, vol. 43, pp. 513–518.

    Article  Google Scholar 

  • Kemp, M.C. and N.V. Long (1980), “Resource Extraction under Conditions of Common Access,” in Exhaustible Resources, Optimality, and Trade, Kemp, M.C. and N.V. Long (Eds.), North-Holland, Amsterdam, New York, Oxford.

    Google Scholar 

  • The Law of the Sea (1983). United Nations Convention on the Law of the Sea with Index and Final Act of the Third United Nations Conference of the Law of the Sea, New York, UN, 262 pp.

    Google Scholar 

  • Leitmann, G. (1974), Cooperative and Non-Cooperative Many Players Differential Games, Springer-Verlag, Vienna.

    Google Scholar 

  • Levhari, D. and L.J. Mirman (1980), “The Great Fish War: An Example Using a Dynamic Cournot-Nash Solution,” Bell Journal of Economics, vol. 11, pp. 322–334.

    Article  Google Scholar 

  • Mirman, L.J. (1979), “Dynamic Models of Fishing: A Heuristic Approach,” in Control Theory in Mathematical Economics, Liu, P.T. and J.G. Sutinen (Eds.), New York, Marcel Decker.

    Google Scholar 

  • Mirman, L.J. and D.F. Spulber (Eds.) (1982), Essays in the Economics of Renewable Resources, North-Holland, Amsterdam, New York, Oxford.

    Google Scholar 

  • Munro, G.R. (1979), “The Optimal Management of Transboundary Renewable Resources,” Canadian Journal of Economics, vol. 12, pp. 355–376.

    Article  Google Scholar 

  • Munro, G.R. (1982a), “Bilateral Monopoly in Fisheries and Optimal Management Policy,” in Essays in the Economics of Renewable Resources, Mirman, L.J. and D.F. Spulber (Eds.), North-Holland, Amsterdam, New York, Oxford.

    Google Scholar 

  • Munro, G.R. (1982b), “Fisheries, Extended Jurisdiction and the Economics of Common Property Resources,”, Canadian Journal of Economics, vol. 15, pp. 405–425.

    Article  Google Scholar 

  • Nash, J. (1950), “The Bargaining Problem,” Econometrica, vol. 18, pp. 155–162.

    Article  Google Scholar 

  • Pohjola, M. (1985), “Applications of Dynamic Game Theory to Macroeconomics,” this volume.

    Google Scholar 

  • Roth, A.E. (1979), Axiomatic Models of Bargaining, Springer-Verlag, Berlin.

    Google Scholar 

  • Schaefer, M.B. (1957), “Some Considerations of Population Dynamics and Economics in Relation to the Management of Marine Fisheries,” Journal of Fisheries.Research Board of Canada, vol. 14, pp. 669–681.

    Article  Google Scholar 

  • Smith, V.L. (1969), “On Models of Commercial Fishing,” Journal of Political Economy, vol. 77, pp. 181–198.

    Article  Google Scholar 

  • Sobel, M.J. (1982), “Stochastic Fishery Games with Myopic Equilibria,” in Essays in the Economics of Renewable Resources, Mirman, L.J. and D.F. Spulber (Eds.), North-Holland, Amsterdam, New York, Oxford.

    Google Scholar 

  • Spulber, D.F. (1982), “A selective survey,” in Essays in the Economics of Renewable Resources, Mirman, L.J. and D.F. Spulber (Eds.), North-Holland, Amsterdam, New York, Oxford.

    Google Scholar 

  • Tolwinski, B. (1982), “A Concept of Cooperative Equilibrium for Dynamic Games,” Automatica, vol. 18, pp. 431–447.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 1986 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Kaitala, V. (1986). Game Theory Models of Fisheries Management — a Survey. In: Başar, T. (eds) Dynamic Games and Applications in Economics. Lecture Notes in Economics and Mathematical Systems, vol 265. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-61636-5_10

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-61636-5_10

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-16435-7

  • Online ISBN: 978-3-642-61636-5

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics