Scope and compatibility measures in international fisheries

Michael Finus, Raoul Schneider

Research output: Contribution to journalArticle

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Abstract

We set up a model which captures the spatial dimension of international fisheries in legal (i.e. internationally accessible high seas versus state-owned exclusive economic zones) and biological (i.e. various intensities of fish migration between zones) terms. We compare the success of regional fishery management organizations (RFMOs) for the first-best and two alternative management scenarios, related to restrictions regarding the scope and compatibility of measures. While the performance of a given RFMO declines in the presence of these alternative management practices, participation might improve as free-riding becomes less attractive and the overall net effect may well be positive.
Original languageEnglish
Pages (from-to)865-888
JournalOxford Economic Papers
Volume67
Issue number4
Publication statusPublished - Oct 2015

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