EconPapers    
Economics at your fingertips  
 

Transboundary Fishery: A Differential Game Model

Hassan Benchekroun () and Ngo Long

Economica, 2002, vol. 69, issue 274, 207-21

Abstract: We consider a differential game between two players, where one player has the first-mover advantage. We compare the equilibrium of this model with the one generated by a conventional symmetric model. The existence of a first mover results in more conservationist exploitation in the aggregate. We also consider the implication of departures from the equilibrium. If the leader can commit to decrease its fishing effort over a finite interval of time, then the follower may respond by increasing, or decreasing, its catch rate, depending on the length of the commitment period. Copyright 2002 by The London School of Economics and Political Science

Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20) Track citations by RSS feed

Downloads: (external link)
http://www.blackwell-synergy.com/servlet/useragent ... =274&year=&part=null link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:econom:v:69:y:2002:i:274:p:207-21

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0427

Access Statistics for this article

Economica is currently edited by Frank Cowell, Tore Ellingsen and Alan Manning

More articles in Economica from London School of Economics and Political Science Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2019-05-28
Handle: RePEc:bla:econom:v:69:y:2002:i:274:p:207-21