Português
Using Cournot-Nash model to study the contributions of cooperation for fishing stocks recover and for fishers' rents
Event Title
6th International Conference - APLIMAT 2007
Year (definitive publication)
2007
Language
English
Country
Slovakia
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Abstract
In our study we implement a model to explain the recover of stocks of a common
resource pool in the fisheries area. Our aim is to model the behavior of two Fishing Companies
through a model supported in Cournot model and in Nash principles of equilibrium. Our
Cournot-Nash model is supported in the competing behavior of agents. Afterwards, we present
an adjusted model to study the results of cooperation between agents.
We can see that cooperation brings up procedures that allow conservation of species and stocks
recover. We conclude that agents’ cooperation brings the possibility to get good results for
species preservation and good rents for fishers.
Acknowledgements
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Keywords
Cournot-Nash Model, Nash Equilibrium
