Cooperative Harvesting and Core Allocations in Fisheries
Hermann Bardarson ()
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Hermann Bardarson: University of Bergen, Department of Economics, Postal: Hermann Fossgt. 6, N-5007 Bergen, Norway
No 07/03, Working Papers in Economics from University of Bergen, Department of Economics
Abstract:
The use of renewable resources is examined as a cooperative production game, the focus here being on fisheries. It is shown how pooling and exchange of individual endowments may open for substitutions that generate greater efficiency. We introduce a sharing rule that complies with the core concept, applied to heterogeneous multi-species fisheries with transferable utility.
Keywords: Resource management; fisheries; heterogeneity; linear programming; cooperative games; core allocations; substitution possibilities; common property. (search for similar items in EconPapers)
JEL-codes: C71 Q22 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2003-05-07
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:bergec:2003_007
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