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Atlantic Salmon Fishery in the Baltic Sea - A Case of Trivial Cooperation

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  • This paper analyses the management of the Atlantic salmon stocks in the Baltic Sea through a coalition game in partition function form. The signs of economic and biological over­exploitation of these salmon stocks over the last two decades indicate that cooperation among the harvesting countries, under the European Union's Common Fisheries Policy (CFP), has been ostensible. Combining a two­stage game of four asymmetric players with a disaggregated bioeconomic model, we conclude that cooperation under the present Relative Stability Principle (RSP) is not a stable outcome. In contrast, the equilibrium of the game is full non­cooperation. The paper also addresses the possibility of enhancing cooperation through more flexible fishing strategies. The results indicate that partial cooperation is stable under specific sharing schemes. It is also shown that substantial economic benefits could have been realised by reallocating the fishing effort, without compromising stock sustainability.
  • Keywords: partition function, coalition formation, sharing rules, stability analysis, bioeconomic model, Atlantic salmon
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  • Kulmala, Soile, Polina Levontin, Marko Lindroos and Pedro Pintassilgo. 2008. Atlantic Salmon Fishery in the Baltic Sea - A Case of Trivial Cooperation. 12 pages. In: Proceedings of the Fourteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 22-25, 2008, Nha Trang, Vietnam: Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2008.
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  • Nha Trang, Vietnam
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, The Department of Fisheries and Oceans, Canada; Aquaculture CRSP and AquaFish CRSP; Minh Phu Seafood Corporation; Vietnam Datacommunication Company (VDC); Camau Frozen Seafood Processing Import Export Corporation (Camimex); Long Sinh Limited Company; Mai Linh Group and Nam Viet Corporation.
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