The Pacific sardine fishery is shared but independently managed by three nations: Canada, USA and Mexico. As a result, potential conflict scenarios may arise. A stochastic optimal control methodology is presented to analyze potential conflict scenarios by first considering a deterministic logistic stock growth function and adding a stochastic term,...
We have developed simple and fun “fishing games” which can be played easily and quickly with cheap supplies—and which demonstrate important economic characteristics of fisheries. Players “fish” by scooping beads from a common bowl into individual cups placed near the bowl. The beads are the fish stock; the scoops are...
Quota, a computer-based simulation game, originated as an experimental game for testing alternative multi-resource management regimes or systems. Highly flexible, it allows specification for a standard common-property, open-access fishery with user-specified bio-economic fishery growth model and multiple sized producers with individual harvest and cost functions. In addition to demonstrating overfishing...