Game Theory and Fisheries Management: Theory and Applications

ISBN-13:	9783030401115
Publisher:	Springer International Publishing
Publication date:	02/19/2020
Edition description:	1st ed. 2020
Pages:	155
Product dimensions:	6.10(w) x 9.25(h) x (d)

This book is the first to present in a systematic manner the application of game theory to fisheries management at both international and national levels. Strategic interaction among fishers and nations exploiting fishery resources is an inescapable fact of life. This has long been recognized at the international level, and is becoming increasingly recognized at the national/regional level. It follows, therefore, that, in order to be able to analyse effectively the management of these resources, the theory of strategic interaction ̶ game theory ̶ must be brought to bear. In this book the step-by-step development of the game theory is accompanied by numerous applications to the real world of fisheries management policy. As such, it is designed to appeal to policy makers and stakeholders, as well as to graduate students in Economics.