In many estuarine and ocean areas, aquaculture is seen as an alternative to traditional commercial fish harvesting practices. A significant problem hindering the emergence or the continuing growth of aquaculture in many areas is the conflict that arises among it and other competing ocean uses. Real world examples include the...
Theory suggests that fishing effort would be allocated among various fishing grounds such that profit levels would be equal. Homogeneity among fishers as well as perfect information is assumed and profits are opportunistically increased by changing fishing locations. These assumptions have been shown empirically ins some single fisheries where fishers...