Scope and compatibility of measures in international fisheries agreements

Michael Finus () and Raoul Schneider

Oxford Economic Papers, 2015, vol. 67, issue 4, 865-888

Abstract: We set up a model that captures the spatial dimension of international fisheries in legal (i.e., internationally accessible high seas versus state-owned exclusive economic zones) and biological (i.e., various intensities of fish migration between zones) terms. We compare the success of regional fishery management organizations (RFMOs) for the first-best and two alternative management scenarios, related to restrictions regarding the scope and compatibility of measures. Whilst the performance of a given RFMO declines in the presence of these alternative management practices, participation might improve as free-riding becomes less attractive and the overall net effect may well be positive.

Date: 2015
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Working Paper: Scope and Compatibility of Measures in International Fisheries Agreements (2012)
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