Abstract

This study used game theory to analyze the extraction behavior of fishermen around Southern Songkhla Lake, Southern Thailand. The field experiments were designed based on the concept of noncooperative game theory to investigate fishermen’s behavior in response to four management policy options: external regulations with individual transferable quotas (ITQ) and with individual quotas (IQ) and co-management with ITQ and with IQ.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.