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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
The Royal Society
2020-07-01
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Series: | Royal Society Open Science |
Subjects: | |
Online Access: | https://royalsocietypublishing.org/doi/pdf/10.1098/rsos.200621 |