1998
DOI: 10.1111/j.1939-7445.1998.tb00312.x
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Sharing the Benefits of Cooperation in High Seas Fisheries: A Characteristic Function Game Approach

Abstract: In the current paper we examine a game‐theoretic setting in which three countries have established a regional organization for the conservation and management of straddling and highly migratory fish stocks. A characteristic function game approach is applied to describe the sharing of the surplus benefits from cooperation. We demonstrate that the nucleolus and the Shapley value give more of the benefits to the coalition with substantial bargaining power than does the Nash bargaining scheme. We also compare the … Show more

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Cited by 50 publications
(48 citation statements)
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“…As well as testing whether the coalition including all players (grand coalition) is stable (in the sense of the core, for example), the main focus is on the axiomatic foundation of normatively motivated sharing schemes such as the Nash bargaining solution, the Shapley value and the Chander-Tulkens´ transfer scheme. Applications are found in the context of global warming Tulkens, 1995, 1997;Eyckmans and Tulkens, 2003;Germain et al, 1998), acid rain (Germain et al, 1996;Kaitala et al, 1995), high seas fisheries (Kaitala and Lindroos, 1998;Lindroos, 2004;Lindroos andKaitala, 2001, Pintassilgo, 2003) and water management (Ambec and Sprumont, 2002;Lejano and Davos, 1999). This approach may be regarded as the classical cooperative method of studying coalitions.…”
Section: Introductionmentioning
confidence: 99%
“…As well as testing whether the coalition including all players (grand coalition) is stable (in the sense of the core, for example), the main focus is on the axiomatic foundation of normatively motivated sharing schemes such as the Nash bargaining solution, the Shapley value and the Chander-Tulkens´ transfer scheme. Applications are found in the context of global warming Tulkens, 1995, 1997;Eyckmans and Tulkens, 2003;Germain et al, 1998), acid rain (Germain et al, 1996;Kaitala et al, 1995), high seas fisheries (Kaitala and Lindroos, 1998;Lindroos, 2004;Lindroos andKaitala, 2001, Pintassilgo, 2003) and water management (Ambec and Sprumont, 2002;Lejano and Davos, 1999). This approach may be regarded as the classical cooperative method of studying coalitions.…”
Section: Introductionmentioning
confidence: 99%
“…The theory of games provides an approach to dealing with the complex issue of management of stocks shared between two or more groups of participants (Kaitala & Lindroos 1998). This body of theory predicts that fisheries exploited by two or more independent national fleets with inadequate exchange of information are liable to overexploitation (Kairala & Munro 1993Munro 2002).…”
Section: Applications Of Game Theory To Resource Sharingmentioning
confidence: 99%
“…Our reasoning and model differ from coalition formation in high-seas fisheries as modelled by Kaitala and Lindroos (1998). In their paper it is simply assumed that the coastal state fleet ex ante is more cost efficient than the distant water states fleets (see also Kaitala and Pohjola 1988;Pintassilgo 2003;Pintassilgo and Lindroos 2008).…”
Section: Introductionmentioning
confidence: 99%