TY - UNPB
T1 - Effects of rotation scheme on fishing behaviour with price discrimination and limited durability: Theory and evidence.
AU - Seki, Erika
PY - 2004/10
Y1 - 2004/10
N2 - 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 non-cooperatively. 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 pre-emption.
AB - 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 non-cooperatively. 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 pre-emption.
M3 - Discussion paper
T3 - University of Aberdeen Business School Working Paper Series
BT - Effects of rotation scheme on fishing behaviour with price discrimination and limited durability: Theory and evidence.
PB - Centre for European Labour Market Research
ER -