This paper investigates interactions between recreational and commercial fisheries. It introduces the idea of a protected area for recreational fisheries, as a way to reduce conflicts between the two sectors and to preserve the natural resource. It is demonstrated that without a protected area for recreational fisheries, open access may...
This paper studies the potential for cooperation in shared fisheries when the countries in the coalition act in a Stackelberg fashion with respect to the remaining singletons. An increase in the cooperation level is a social welfare improvement, leading to an increase in both the steady-state fish stock and total...