Game theory is an analytical tool for modeling strategic interaction between agents. Strategic interaction in fishery is interpreted as the harvest by one agent highly affects other agents’ decision. This paper is a commented literature study on the fishery economics and game theory. It tends to describe how fishery models using game theory are build up. These models consist of an underlying bi...

During the 1960s and 1970s, a significant groundfish fishery existed in the Gulf of Mexico. There were about 50 vessels in the fishery which targeted a groundfish complex that consisted of over 170 species, dominant of which were croaker, spot, seatrout, cutlassfish, sea catfish, porgies, perch, drums, hake, and butterfish. The primary directed fishery was for the pet food, harvesting 50,000 to...

The fishery of Lake Victoria became a major commercial fishery with the introduction of Nile perch in 1950s and 1960s. Biological and population characteristics point to a fishery under intense fishing pressure attributed to increased capacity and use of illegal fishing gears. Studies conducted between 1998 to 2000 suggested capture of fish between slot size of 50 to 85 cm TL to sustain the fis...

Individual transferable quotas (ITQ) were implemented in the Tasmanian red rock lobster fishery in 1998 and ten years later we assessed the impacts on the fishery. Particular attention was devoted to investigating the performances of the fishery with regard to three features identified as major impacts in the literature: rationalization of the fishing fleet, change in fishing strategy in order ...