Free Riding Problems and Feasible Allocations for Regional Fishery Management Organizations
Massey University Department of Applied and International Economics Discussion Paper No. 06.11
15 Pages Posted: 27 Mar 2011
Date Written: October 21, 2009
This paper analyzes the free riding problem from a game theoretic point of view. The feasible proportional allocation rules for a special class of free riding problems are studied. Some key practical and theoretical properties of these rules are developed that can be used to stimulate cooperation and to discourage free riding behaviors. Applications to the management of the Baltic Sea cod fishery and the Norwegian herring fishery are presented.
Keywords: games with externalities, feasible allocations, free riding problems, regional sheries management
JEL Classification: A40, A80, B76, B08
Suggested Citation: Suggested Citation