全球智库信息集成服务系统(G2TT): The Rise and Fall of the Great Fish Pact under Endogenous Risk of Stock Collapse

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	The Rise and Fall of the Great Fish Pact under Endogenous Risk of Stock Collapse
	Adam N. Walker; Hans-Peter Weikard; Andries Richter
发表日期	2015
出处	Climate Change and Sustainable Development
出版年	2015
语种	英语
摘要	Risk of stock collapse is a genuine motivation for cooperative fisheries management. We analyse the effect of an endogenously determined risk of stock collapse on the incentives to cooperate in a Great Fish War model. We establish that equilibrium harvest strategies are non-linear in stock and find that Grand Coalitions can be stable for any number of players if free-riding results in a total depletion of the fish stock. The results thus show conditions under which a Great Fish War becomes a Great Fish Pact. However, this conclusion no longer holds upon dropping the standard assumption that payoffs are evaluated in steady states. If payoffs in the transition between steady states are included, the increased incentives to deviate offset the increased benefits from cooperation due to the presence of endogenous risk and the Great Fish Pact returns to being a Great Fish War. *** Suggested citation: Walker, A. N., Weikard H.-P., Richter, A., (2015), 'The Rise and Fall of the Great Fish Pact under Endogenous Risk of Stock Collapse', Nota di Lavoro 60.2015, Milan, Italy: Fondazione Eni Enrico Mattei
特色分类	C72;C73;Q22
关键词	Coalition Stability Dynamic Games Endogenous Risk Fish Stock Collapse Fish War Renewable Resource Exploitation
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-rise-and-fall-of-the-great-fish-pact-under-endogenous-risk-of-stock-collapse/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118413
推荐引用方式 GB/T 7714	Adam N. Walker,Hans-Peter Weikard,Andries Richter. The Rise and Fall of the Great Fish Pact under Endogenous Risk of Stock Collapse. 2015.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
20156231117261Nota_d（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
2015623112164NDL2015（1543KB）	智库出版物		限制开放	CC BY-NC-SA	浏览