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Biodiversity Conservation in a Game Theoretic Model of a Fishery

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Abstract
  • This paper proposes a game theoretic modeling framework for the assessment of the trade-off between economic efficiency gains and biodiversity conservation in a fishery. It introduces a biodiversity index, and develops an application of the method couched on Namibian hake fisheries. Results from the illustrative example show that the opportunity cost of achieving a “near perfect” level of biodiversity conservation is high. On a more positive note, however, the results also indicate that it is possible (through appropriate management action) to achieve reasonably high biodiversity levels without losing most of the potential economic gains.
  • Key words: Cooperative, Noncooperative, Wet fish, Freezer, Trawlers, Namibia
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  • Sumaila, Ussif Rashid. Biodiversity Conservation in a Game Theoretic Model of a Fishery. In: Microbehavior and Macroresults: Proceedings of the Tenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA. Compiled by Richard S. Johnston and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2001.
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  • Corvallis, Oregon, USA
Proceedings Editors
  • Johnston, Richard S.
  • Shriver, Ann L.
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  • International Institute of Fisheries Economics and Trade; U.S. National Marine Fisheries Service; MG Kailis Group
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