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Erscheinungsjahr: 
2004
Schriftenreihe/Nr.: 
IME Working Paper No. 55
Verlag: 
University of Southern Denmark, Department of Environmental and Business Economics (IME), Esbjerg
Zusammenfassung: 
The paper sets up a discrete-time, deterministic, coalition game model among the major agents exploiting the cod stock in Baltic Sea. The characteristic func-tion is constructed and the Shapley value and the nucleolus are used as one-point solution concepts. The paper identifies the problem with these sharing rules and develops a new sharing rule which takes into account the stability of cooperation. The paper contributes to the literature by introducing a connection between cooperative games (sharing rules) and non-cooperative games (stabil-ity).
Schlagwörter: 
Fisheries
Cooperation
Coalition Game
Baltic Sea Cod
Shapley value
Characteristic function
nucleolus
Sharing rules
stability of cooperation
JEL: 
Q22
Dokumentart: 
Working Paper
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