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International Management of North-Sea Herring

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  • Trond Bjørndal
  • Marko Lindroos

Abstract

North-Sea herring is a transboundary resource,shared by the EU and Norway. The purpose ofthis paper is to investigate how the harvestsor total allowable catch quotas (TACs) for thisspecies should be divided between these twojurisdictions so that both parties aresatisfied. We apply a discrete-timegame-theoretic model in which we show that theEU should be allocated more than half of theTAC even if the EU has higher harvesting costs.This result is due to the distribution patternof the herring, with a larger share of herringlocated in the EU zone. However, we find thataccording to the Nash bargaining solution, thecurrent sharing allocates too large a share tothe EU. Copyright Kluwer Academic Publishers 2004

Suggested Citation

  • Trond Bjørndal & Marko Lindroos, 2004. "International Management of North-Sea Herring," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(1), pages 83-96, September.
    • Handle: RePEc:kap:enreec:v:29:y:2004:i:1:p:83-96
    DOI: 10.1023/B:EARE.0000035442.52698.7d
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    References listed on IDEAS

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    1. Trond Bjørndal & Daniel Gordon & Veijo Kaitala & Marko Lindroos, 2004. "International Management Strategies for a Straddling Fish Stock: A Bio-Economic Simulation Model of the Norwegian Spring-Spawning Herring Fishery," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(4), pages 435-457, December.
    2. Bjorndal, Trond, 1988. "The optimal management of North Sea Herring," Journal of Environmental Economics and Management, Elsevier, vol. 15(1), pages 9-29, March.
    3. Homans, Frances R. & Wilen, James E., 1997. "A Model of Regulated Open Access Resource Use," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 1-21, January.
    4. Ussif Sumaila, 1997. "Cooperative and Non-Cooperative Exploitation of the Arcto-Norwegian Cod Stock," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 10(2), pages 147-165, September.
    5. Gordon R. Munro, 1979. "The Optimal Management of Transboundary Renewable Resources," Canadian Journal of Economics, Canadian Economics Association, vol. 12(3), pages 355-376, August.
    6. Trond Bjorndal & Jon M. Conrad, 1987. "The Dynamics of an Open Access Fishery," Canadian Journal of Economics, Canadian Economics Association, vol. 20(1), pages 74-85, February.
    7. Hannesson, Rognvaldur, 1997. "Fishing as a Supergame," Journal of Environmental Economics and Management, Elsevier, vol. 32(3), pages 309-322, March.
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    2. Saha, Bapi & Bhowmick, Amiya Ranjan & Chattopadhyay, Joydev & Bhattacharya, Sabyasachi, 2013. "On the evidence of an Allee effect in herring populations and consequences for population survival: A model-based study," Ecological Modelling, Elsevier, vol. 250(C), pages 72-80.
    3. Willson, Tina M. & Kazmierczak, Richard F., Jr., 2010. "The Potential Role of Management Regulations in Controlling Consumer Exposure to Contaminated Fishery Products," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61781, Agricultural and Applied Economics Association.
    4. Garza-Gil, M. Dolores & Varela-Lafuente, Manuel M. & Caballero-Miguez, Gonzalo & Álvarez-Díaz, Marcos, 2011. "Analysing the profitability of the Spanish fleet after the anchovy moratorium using bootstrap techniques," Ecological Economics, Elsevier, vol. 70(6), pages 1154-1161, April.
    5. Smart, James C.R. & White, Piran C.L. & Termansen, Mette, 2008. "Modelling conflicting objectives in the management of a mobile ecological resource: Red deer in the Scottish Highlands," Ecological Economics, Elsevier, vol. 64(4), pages 881-892, February.
    6. Gakushi Ishimura & Sam Herrick & Ussif Sumaila, 2013. "Fishing games under climate variability: transboundary management of Pacific sardine in the California Current System," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 15(2), pages 189-209, April.

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