Publications

Detailed Information

An Oligopoly Model of Commercial Fishing

Cited 0 time in Web of Science Cited 0 time in Scopus
Authors

Szidarovszky, Ferenc; Okuguchi, Koji

Issue Date
1998-07
Publisher
Institute of Economic Research, Seoul National University
Citation
Seoul Journal of Economics, Vol.11 No.3, pp. 321-330
Keywords
oligopoly theorytotal fish stockOkuguchis model
Abstract
Population dynamics and oligopoly theory are combined to formulate international fishery under imperfect competition. It is assumed that fish harvesting countries behave as oligopolist, but their costs depend on their harvest rates as well as on the total fish stock, which is governed by the biological growth law. e show that the number of nonextlnct equilibria is 0, 1, or 2, and characterize the dynamic behavior of the fish stock in terms of model parameters and initial fish stock level. Finally, We analyze how the steady state equilibrium fish stock is affected by entry of a new fishing country.
ISSN
1225-0279
Language
English
URI
https://hdl.handle.net/10371/1138
Files in This Item:
Appears in Collections:

Altmetrics

Item View & Download Count

  • mendeley

Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.

Share