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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