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Scope and compatibility of measures in international fisheries agreements

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  • By Michael Finus
  • Raoul Schneider

Abstract

We set up a model that 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. Whilst 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.

Suggested Citation

  • By Michael Finus & Raoul Schneider, 2015. "Scope and compatibility of measures in international fisheries agreements," Oxford Economic Papers, Oxford University Press, vol. 67(4), pages 865-888.
    • Handle: RePEc:oup:oxecpp:v:67:y:2015:i:4:p:865-888.
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    Cited by:

    1. Chin-Hwa Jenny Sun & Fu-Sung Chiang & Patrice Guillotreau & Dale Squires, 2015. "Fewer Fish for Higher Profits? Price Response and Economic Incentives in Global Tuna Fisheries Management," Working Papers hal-01110771, HAL.
    2. Scott Barrett, 2023. "Property Rights to the World’s (Linear) Ocean Fisheries in Customary International Law," CESifo Working Paper Series 10567, CESifo.

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