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Scope and Compatibility of Measures in International Fisheries Agreements

Author

Listed:
  • Michael Finus

    (University of Bath)

  • R Schneider

    (Ulm University)

Abstract
We set up a model that captures the spatial dimension of international fisheries in legal (i.e., internationally accessible high seas versus state-owned exclusive economic zones) and biological (i.e., various intensities of fish migration between zones) terms. We compare the success of regional fishery management organizations (RFMOs) for the first-best and two alternative management scenarios, related to restrictions regarding the scope and compatibility of measures. Whilst the performance of a given RFMO declines in the presence of these alternative management practices, participation might improve as free-riding becomes less attractive and the overall net effect may well be positive.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Michael Finus & R Schneider, 2012. "Scope and Compatibility of Measures in International Fisheries Agreements," Department of Economics Working Papers 9/12, University of Bath, Department of Economics.
    • Handle: RePEc:eid:wpaper:28486
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    References listed on IDEAS

    as
    1. Scott Barrett, 2002. "Consensus Treaties," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(4), pages 529-547, December.
    2. Michael Finus & Pedro Pintassilgo, 2012. "International environmental agreements under uncertainty: does the 'veil of uncertainty' help?," Oxford Economic Papers, Oxford University Press, vol. 64(4), pages 736-764, October.
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    5. Carlo Carraro (ed.), 2003. "The Endogenous Formation of Economic Coalitions," Books, Edward Elgar Publishing, number 2999.
    6. Michael Finus & Raoul Schneider & Pedro Pintassilgo, 2011. "The Incentive Structure of Impure Public Good Provision – The Case of International Fisheries," Discussion Papers 1103, University of Exeter, Department of Economics.
    7. Robert W. Mckelvey & Leif K. Sandal & Stein I. Steinshamn, 2002. "Fish Wars On The High Seas: A Straddling Stock Competition Model," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 53-69.
    8. Pedro Pintassilgo & Marko Lindroos, 2008. "Coalition Formation In Straddling Stock Fisheries: A Partition Function Approach," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 10(03), pages 303-317.
    9. Haeringer, Guillaume, 2004. "Equilibrium binding agreements: a comment," Journal of Economic Theory, Elsevier, vol. 117(1), pages 140-143, July.
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    11. Kolstad, Charles D., 2007. "Systematic uncertainty in self-enforcing international environmental agreements," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 68-79, January.
    12. Finus, Michael, 2008. "Game Theoretic Research on the Design of International Environmental Agreements: Insights, Critical Remarks, and Future Challenges," International Review of Environmental and Resource Economics, now publishers, vol. 2(1), pages 29-67, June.
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    Cited by:

    1. Chin-Hwa Jenny Sun & Fu-Sung Chiang & Patrice Guillotreau & Dale Squires, 2015. "Fewer Fish for Higher Profits? Price Response and Economic Incentives in Global Tuna Fisheries Management," Working Papers hal-01110771, HAL.
    2. Scott Barrett, 2023. "Property Rights to the World’s (Linear) Ocean Fisheries in Customary International Law," CESifo Working Paper Series 10567, CESifo.

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