We study the effects of providing subsidies to the fisheries in small island developing states (SIDS), where fisheries are important to both the food security and livelihoods of the populations. By analyzing data on current and potential catch and computing the potential catch losses from the...

This paper is not concerned with advances in game theory. Rather, the paper is concerned with the relevance, if any, of game theory to a major resource management issue, namely the management of internationally shared fishery resources. It is argued that the economics of the management of such...