Title :
A game theoretical model of international fishing with time delay
Author :
Engel, Andrew ; Chiarella, Carl ; Szidarovszky, Ferenc
Author_Institution :
Dept. of Syst. & Ind. Eng., Arizona Univ., Tucson, AZ, USA
Abstract :
The oligopoly model of international fishing of Szidarovszky and Okuguchi (1998) is revisited with the additional assumption that there is a time lag in obtaining and implementing information on the fish stock. The local asymptotical behavior of the equilibrium is analyzed including the birth of limit cycles
Keywords :
aquaculture; limit cycles; natural resources; stability; fish stock; international fishing; limit cycles; mathematical model; oligopoly model; stability; Costs; Delay effects; Finance; Game theory; Industrial engineering; Limit-cycles; Marine animals; Mathematical model; Oligopoly; Stability analysis;
Conference_Titel :
Systems, Man, and Cybernetics, 2001 IEEE International Conference on
Conference_Location :
Tucson, AZ
Print_ISBN :
0-7803-7087-2
DOI :
10.1109/ICSMC.2001.972966
