2013
DOI: 10.1007/s10640-013-9701-8
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Information Sharing and Cooperative Search in Fisheries

Abstract: We present a dynamic game of search and learning by fishermen who seek the true location of a partially observable fish stock. Bayesian Nash equilibrium search patterns for non-cooperating fishermen and members of an information sharing cooperative are compared with first-best outcomes. Independent fishermen do not internalize the full value of information and do not replicate first-best search. A fishing cooperative faces a free-riding problem as each member prefers another undertake costly search for informa… Show more

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Cited by 28 publications
(21 citation statements)
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References 26 publications
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“…They seem to create shared and convergent beliefs about virus dynamics much more quickly. In contrast to the case in Evans and Weninger (2013), the information sharing system in the present study does not allow agents to understand the virus behavior. They do not systematically explore, in a reliable manner, all available strategies in order to determine the real virus dynamics, but rather make do with what they have chosen and adapt their strategies accordingly.…”
Section: Effects Of Information Sharingmentioning
confidence: 86%
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“…They seem to create shared and convergent beliefs about virus dynamics much more quickly. In contrast to the case in Evans and Weninger (2013), the information sharing system in the present study does not allow agents to understand the virus behavior. They do not systematically explore, in a reliable manner, all available strategies in order to determine the real virus dynamics, but rather make do with what they have chosen and adapt their strategies accordingly.…”
Section: Effects Of Information Sharingmentioning
confidence: 86%
“…Secondly, the disclosure of private information could encourage strategic behaviour, for instance by providing incorrect information so competitors do not benefit. Thirdly, the issue of free-riding may emerge, with some actors benefiting from the work of others without having expended the same time and energy to collect and share information (Evans and Weninger, 2013).…”
Section: Information Sharing For the Management Of Collective Naturalmentioning
confidence: 99%
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“…Only individual non‐tradable quotas (IQs) incentivize larger club sizes (Figure ). While a few previous studies suggested property rights and their tradability could affect information‐sharing incentives (Costello & Deacon, ; Deacon, Parker, & Costello, ; Evans & Weninger, ), the flexibility of ABMs adds to this literature by facilitating the study of these incentives across a rich range of social and ecological conditions (e.g. as Klein et al, also demonstrates).…”
Section: Gap 3: Understanding and Projecting The Social Consequences mentioning
confidence: 99%
“…However, information sharing within cooperatives represents a public good and, therefore, is under-provided unless there exists an organizational structure to incentivize information sharing within the cooperative (Wilson 1990). This later feature has received increasing scrutiny by economists who have studied the incentive structures present in a cooperative (Costello and Deacon 2007;Deacon 2012;Evans and Weninger forthcoming).…”
Section: Introductionmentioning
confidence: 99%