Effects of rotation scheme on fishing behaviour with price discrimination and limited durability: Theory and evidence

• 成果类型: Article
• 署名作者: Seki, Erika
• 署名单位: University of Aberdeen
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2005.02.007
• 发表日期: 2006
• 页码: 106-135
• 关键词: Price discrimination; durable goods; alternating duopoly; rotation; fisheries

摘要

This paper examines how rotation arrangement between two groups of fishers with different institutional arrangements affects fishing behaviour and economic outcomes in a particular economic environment characterised by price discrimination and product durability. In one group, fishers cooperate and maximise the extraction of rents, while members in the second group behave noncooperatively. Applying a model of alternating duopoly, we show that the cooperating group behaves like a price discriminating monopolist and tends to uphold prices. When the two groups rotate fishing days the cooperating group tends to produce more, which prevents the non-cooperating group from unprofitable demand preemption. (c) 2005 Elsevier B.V. All rights reserved.