Risk tolerance and control perception in a game-theoretic bioeconomic model for small-scale fisheries

Cooperation is generally the most advantageous strategy for the group; however, on an individual level, cheating is frequently more attractive. In a fishery, one can choose to cooperate by fishing only the regulated amount or not to cooperate, by fishing to maximize profits. Top-down management can...

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Bibliographic Details
Main Authors: Eric Zettermann Dias de Azevedo, David Valença Dantas, Fábio G. Daura-Jorge
Format: Article
Language:English
Published: The Royal Society 2020-07-01
Series:Royal Society Open Science
Subjects:
Online Access:https://royalsocietypublishing.org/doi/pdf/10.1098/rsos.200621