Unlike the North and the South where abundance of freshwater, the marine capture fisheries is underdeveloped, the Central Coast, especially South Central Coast with little freshwater fisheries resources, but high amount of shrimps, fishes at sea, thus local fishermen have exploited this resource for living early. Together with this living...
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...