Game Theory and Fisheries

Game Theory and Fisheries

Author: Ussif Rashid Sumaila

Publisher: Routledge

Published: 2013-08-22

Total Pages: 213

ISBN-13: 1136187278

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Today, there is a growing sense of urgency among fisheries scientists regarding the management of fish stocks, particularly among those who predict the imminent collapse of the fishing industry due to stock depletion. This book takes a game theoretic approach to discussing potential solutions to the problem of fish stock depletion. Acknowledging the classification of fish stocks as destructible renewable resources, these essays are concerned with the question of how much of the stock should be consumed today and how much should be left in place for the future. The book targets both economists and students of economics who are familiar with the tools of their trade but not necessarily familiar with game theory in the context of fisheries management. Importantly, the goal is not to give a summary evaluation of the current views of the ‘appropriate’ response to immediate policy questions, but rather to describe the ways in which the problems at hand can be productively formulated and approached using game theory and couched on real world fisheries. Game Theory and Fisheries consists of twelve previously published but updated articles in fisheries management, a number of which address a gap in the fisheries literature by modelling and analysing the exploitation of fishery resources in a two-agent fishery, in both cooperative and non-cooperative environments. The author’s work ultimately illustrates that the analysis of strategic interaction between those with access to shared fishery resources will be incomplete without the use of game theory.


Theory and Applications of Dynamic Games

Theory and Applications of Dynamic Games

Author: Elena Parilina

Publisher: Springer Nature

Published: 2022-11-23

Total Pages: 263

ISBN-13: 3031164555

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This textbook provides a comprehensive overview of noncooperative and cooperative dynamic games involving uncertain parameter values, with the stochastic process being described by an event tree. Primarily intended for graduate students of economics, management science and engineering, the book is self-contained, as it defines and illustrates all relevant concepts originally introduced in static games before extending them to a dynamic framework. It subsequently addresses the sustainability of cooperative contracts over time and introduces a range of mechanisms to help avoid such agreements breaking down before reaching maturity. To illustrate the concepts discussed, the book provides various examples of how dynamic games played over event trees can be applied to environmental economics, management science, and engineering.


Papers Presented at the Norway-FAO Expert Consultation on the Management of Shared Fish Stocks

Papers Presented at the Norway-FAO Expert Consultation on the Management of Shared Fish Stocks

Author: Food and Agriculture Organization of the United Nations

Publisher: Food & Agriculture Org.

Published: 2003

Total Pages: 252

ISBN-13: 9789251049365

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A critical input into the proceedings of this Expert Consultation were two discussion papers and 12 cases studies, contained in this document. The first discussion paper addresses the basic requirements and principles for successful management of shared fish stocks derived from game theoretical considerations and practical experiences. The second discussion paper presents the legal aspects of the management of shared fish stock.


Handbook of Operations Research in Natural Resources

Handbook of Operations Research in Natural Resources

Author: Andres Weintraub

Publisher: Springer Science & Business Media

Published: 2007-09-19

Total Pages: 608

ISBN-13: 038771815X

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Here is the first systematic handbook treatment of quantitative modeling natural resource problems, their allocated efficient use, and societal and economic impact. Andrés Weintraub is the very top person in Natural Resource research. He has selected co-editors who are at the top of the sub-fields in natural resources: agriculture, fisheries, forestry, and mining. The book covers these areas with contributions from researchers on, among others, modeling natural research problems, quantifying data, and developing algorithms.


Wspc Reference On Natural Resources And Environmental Policy In The Era Of Global Change, The (In 4 Volumes)

Wspc Reference On Natural Resources And Environmental Policy In The Era Of Global Change, The (In 4 Volumes)

Author:

Publisher: World Scientific

Published: 2016-10-21

Total Pages: 1631

ISBN-13: 9814713708

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The WSPC Reference on Natural Resources and Environmental Policy in the Era of Global Change provides a comprehensive and prominent reference of various highly authoritative volumes of long-term scientific value, for milestone concepts and theories. The books in the reference set are edited by leading experts in the fields of: Game Theory, International Relations and Global Politics, Computable General Equilibrium (CGE): Economy-Wide Modeling, and Experimental Economics. Each book in the reference set includes chapters that are laid out by recognized, broadly respected researchers, in fields associated with issues related to natural resources and environmental policy in the era of global change. The reference set focuses on the economic and strategic aspects of interactions among various parts of society, all dependent on the availability and utilization of limited natural resources and their impact on the environment. Policy implications are addressed, including current challenges and future perspectives.The combination of the four books provides a unique perspective on the issues that engage the public discourse of researchers and policy-makers at state, regional, and global levels. Each of the books in the reference set and all four books as a whole provide coverage of disciplines and angles through which the reader can obtain an understanding of the state-of-the-art of dealing with natural resources and environmental policy in the era of global change. The books in the reference set complement each other and provide a scientific understanding of our ability to address the issues covered.


Nonlinear Dynamics in Economics, Finance and the Social Sciences

Nonlinear Dynamics in Economics, Finance and the Social Sciences

Author: Gian Italo Bischi

Publisher: Springer Science & Business Media

Published: 2009-12-15

Total Pages: 384

ISBN-13: 3642040233

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Over the last two decades there has been a great deal of research into nonlinear dynamic models in economics, finance and the social sciences. This book contains twenty papers that range over very recent applications in these areas. Topics covered include structural change and economic growth, disequilibrium dynamics and economic policy as well as models with boundedly rational agents. The book illustrates some of the most recent research tools in this area and will be of interest to economists working in economic dynamics and to mathematicians interested in seeing ideas from nonlinear dynamics and complexity theory applied to the economic sciences.