Ocean and Polar Research

Korea Institute of Ocean Science & Technology (한국해양과학기술원)
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A Study on the Management of International Fishery Resources using Cooperative Game Theory

협조적 게임이론을 이용한 국가 간 수산자원관리에 관한 연구

  • Choi, Jong-Du (Digital Business Administration Korea Digital University) ;
  • Cho, Jung-Hee (Fisheries and Fishing Community Research Department, KMI)
  • 최종두 (한국디지털대학교 디지털경영학과) ;
  • 조정희 (한국해양수산개발원 수산.어촌연구본부)
  • Published : 2008.06.30
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Abstract

This study demonstrates that cooperative management can provide more benefits than noncooperative management for Korea and Japan fishery. We have studied one management strategy, namely, fishing under joint maximization of net benefits in coastal waters of two countries, using a cooperative game theory. The present net return under non-cooperation amounts to 420,255 million won. However, if two countries cooperate one with another, this figure can get to 2,636,565 million won. We consider this to be an important conclusion as close management relationships have developed between the two countries since the establishment of the EEZ in 1996. The results of the study can also help balance resource conservation and the appropriate catch quota in each country.

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References

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