In order to provide a rationale and mechanism for implementing responsible fisheries in practice, this paper examines the effect of establishing Regional Fishery Management Organisation (RFMO) with effective enforcement on cooperative possibilities in shared fisheries. The result shows that an increase in cooperation level is a social welfare improvement, and...
Marine Protected Areas (MPAs) can be considered as one of powerful conservation tools of fishery resource management in the literature. However, due to continuing environmental awareness and mismanagement, the Philippine government has decentralized the power of legislation and management of its MPAs since the early 2000. This encouraged participation of...
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...
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...