Resource Dynamics under Partial Cooperation in an Oligopoly

Michael Kopel and F. Szidarovszky
Additional contact information
F. Szidarovszky: University of Arizona

Journal of Optimization Theory and Applications, 2006, vol. 128, issue 2, No 10, 393-410

Abstract: Abstract We study the long-run evolution of a renewable resource which is subject to harvest by partially cooperating players who sell the harvested quantities on distinct markets. We derive explicit expressions for the total harvesting quantity of all players in this general framework and investigate the dependence of the total and relative harvest rates on the level of cooperation, available fish stock, and fishing costs. Combining the biological growth model with oligopoly leads to a nonlinear dynamic law for the evolution of the fish stock in the presence of commercial fishing. We provide also existence results for its equilibrium and examine the asymptotic behavior of the equilibrium.

Keywords: Oligopolies; renewable resources; partial cooperation; equilibrium analyses (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://link.springer.com/10.1007/s10957-006-9018-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:joptap:v:128:y:2006:i:2:d:10.1007_s10957-006-9018-7

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10957/PS2

DOI: 10.1007/s10957-006-9018-7

Access Statistics for this article

Journal of Optimization Theory and Applications is currently edited by Franco Giannessi and David G. Hull

More articles in Journal of Optimization Theory and Applications from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().