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 language | English |
|---|---|
| Pages (from-to) | 865-888 |
| Journal | Oxford Economic Papers |
| Volume | 67 |
| Issue number | 4 |
| Publication status | Published - Oct 2015 |
