Incentive compatibility of fish-sharing agreements
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- Working papers (SNF) 
This paper discusses the incentive compatibility of fish-sharing agreements based on zonal attachment of fish stocks. It is shown that the minor partner in a fish-sharing agreement may not have an incentive to cooperate unless he gets a larger share of the cooperative profits than his share of the stock according to the zonal attachment. This is particularly likely to happen when the unit cost of fish does not depend on the stock.
PublisherSNF/Centre for Fisheries Economics