Information Sharing and Cooperative Search in Fisheries
dc.contributor.author | Evans, Keith | |
dc.contributor.author | Weninger, Quinn | |
dc.contributor.author | Weninger, Quinn | |
dc.contributor.department | Economics | |
dc.date | 2018-02-18T03:00:14.000 | |
dc.date.accessioned | 2020-06-30T02:12:56Z | |
dc.date.available | 2020-06-30T02:12:56Z | |
dc.date.embargo | 2016-12-20 | |
dc.date.issued | 2011-12-26 | |
dc.description.abstract | <p>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 information. Contractual agreements among coop members may mitigate, but not likely eliminate free-riding. Our results explain why information sharing is rare in fisheries and offer guidance for improving fishery management.</p> | |
dc.format.mimetype | application/pdf | |
dc.identifier | archive/lib.dr.iastate.edu/econ_las_workingpapers/254/ | |
dc.identifier.articleid | 1253 | |
dc.identifier.contextkey | 9490141 | |
dc.identifier.s3bucket | isulib-bepress-aws-west | |
dc.identifier.submissionpath | econ_las_workingpapers/254 | |
dc.identifier.uri | https://dr.lib.iastate.edu/handle/20.500.12876/22481 | |
dc.source.bitstream | archive/lib.dr.iastate.edu/econ_las_workingpapers/254/10014.pdf|||Fri Jan 14 22:58:23 UTC 2022 | |
dc.subject.keywords | Search | |
dc.subject.keywords | Information Sharing | |
dc.subject.keywords | Dynamic Bayesian game | |
dc.subject.keywords | Fishing cooperative | |
dc.title | Information Sharing and Cooperative Search in Fisheries | |
dc.type | article | |
dc.type.genre | working_paper | |
dspace.entity.type | Publication | |
relation.isAuthorOfPublication | 5050ea73-0a19-40cb-adae-14f05685e54e | |
relation.isOrgUnitOfPublication | 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d |
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