REES Visiting Speaker: Dr. Kira Pronin, Thursday, October 27, 2022

Date(s) - 27/10/2022
3:30 pm - 5:00 pm
550 General Services Building, 550 General Services Building, Edmonton

Title: Futures Markets in the Management of Common Pool Fisheries

Speaker: Dr. Kira Pronin, University of Pittsburgh, Department of Economics

Date: Thursday October 27, 2022

Time:  3:30 – 5:00 pm

Location: 550 GSB.  Please note, this seminar is in-person only, no Zoom.


This paper studies the use of a futures market as a mechanism for managing overfishing from a common pool.  I provide conditions under which Cournot duopolists can use the futures market for fish in a subsequent season to coordinate their harvesting actions in the current season, thereby preserving a sustainable level of fish stock.

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