Harvesting dynamics in protected and unprotected areas

We propose a dynamic model for studying the time evolution of fish stocks in an environment divided into two adjacent zones with different fishing policies. We analyze two particular harvesting methods: constant fishing effort and profit maximization. In this case, some agents engage in competition based on maximization of individual profit whereas others cooperate. The asymptotic behavior of the system pinpoints that, even if the presence of a reserve area leads to higher levels of sustainability in exploiting fish stocks, attention should be paid in properly regulating the harvesting activity in order to avoid severe depletion of the resource.

[1]  Peeyush Chandra,et al.  A model for fishery resource with reserve area , 2003 .

[2]  J. Barkley Rosser,et al.  From Catastrophe to Chaos: A General Theory of Economic Discontinuities , 1991 .

[3]  Competition and Cooperation in Natural Resources Exploitation: An Evolutionary Game Approach , 2004 .

[4]  Mike Mesterton-Gibbons,et al.  GAME‐THEORETIC RESOURCE MODELING , 1993 .

[5]  M. Deakin Catastrophe theory. , 1977, Science.

[6]  Anthony D. Hall,et al.  Some notes on a dynamic model of international fishing , 2004 .

[7]  Tönu Puu,et al.  Oligopoly Dynamics : Models and Tools , 2002 .

[8]  Ferenc Szidarovszky,et al.  Expectation-Stock Dynamics in Multi-Agent Fisheries , 2005, Ann. Oper. Res..

[9]  Leonard J. Mirman,et al.  Externalities, Market Power, and Resource Extraction , 1999 .

[10]  Wright,et al.  Symmetric and nonsymmetric coupled logistic maps. , 1987, Physical review. A, General physics.

[11]  On properties of coupled quadratic mappings , 1999 .

[12]  Gian Italo Bischi,et al.  The Role of Competition, Expectations and Harvesting Costs in Commercial Fishing , 2002 .

[13]  G. Hardin,et al.  The Tragedy of the Commons , 1968, Green Planet Blues.

[14]  Gian Italo Bischi,et al.  Equilibrium selection in a nonlinear duopoly game with adaptive expectations , 2001 .

[15]  E. Mosekilde,et al.  TRANSVERSE INSTABILITY AND RIDDLED BASINS IN A SYSTEM OF TWO COUPLED LOGISTIC MAPS , 1998 .

[16]  M. B. Schaefer,et al.  Some Considerations of Population Dynamics and Economics in Relation to the Management of the Commercial Marine Fisheries , 1957 .

[17]  Robert M. May,et al.  Chaos and the dynamics of biological populations , 1987 .

[18]  Jon M. Conrad,et al.  Natural Resource Economics: Notes and Problems , 1987 .

[19]  Vito Fragnelli,et al.  Game practice and the environment , 2004 .

[20]  Stein Ivar Steinshamn,et al.  Dynamic Cournot-competitive harvesting of a common pool resource , 2004 .

[21]  Leonard J. Mirman,et al.  The great fish war: an example using a dynamic Cournot-Nash solution , 2020, Fisheries Economics.

[22]  Jon M. Conrad,et al.  Natural Resource Economics , 2020 .

[23]  H. Gordon,et al.  The economic theory of a common-property resource: The fishery , 1954, Journal of Political Economy.

[24]  Gian Italo Bischi,et al.  Global Analysis of a Dynamic Duopoly Game with Bounded Rationality , 2000 .

[25]  J. Barkley Rosser,et al.  Implications for Fisheries Policy of Complex Ecologic–Economic Dynamics , 2002 .

[26]  Christian Mira,et al.  Chaotic Dynamics in Two-Dimensional Noninvertible Maps , 1996 .

[27]  M. Bernhard Introduction to Chaotic Dynamical Systems , 1992 .

[28]  Rajiv Sethi,et al.  The Evolution of Social Norms in Common Property Resource Use , 1996 .

[29]  Milner B. Schaefer Some aspects of the dynamics of populations important to the management of the commercial marine fisheries , 1991 .

[30]  Laura Gardini,et al.  A DOUBLE LOGISTIC MAP , 1994 .

[31]  Ferenc Szidarovszky,et al.  An Oligopoly Model of Commercial Fishing , 1998 .