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Tekijä: | Benchekroun, H. Long, N. van |
Otsikko: | Transboundary fishery: a differential game model |
Lehti: | Economica
2002 : MAY, VOL. 69:274, p. 207-221 |
Asiasana: | EQUILIBRIUM ANALYSIS FISHING INDUSTRY GAMES |
Kieli: | eng |
Tiivistelmä: | The authors consider a differential game between two players, where one player has the first-mover advantage. They compare the equilibrium of this model with the one generated by a conventional symmetric model. The existence of a first mover results in more conservationist exploitation in the aggregate. The authors also consider the implication of departures from the equilibrium. |
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