Management of a scare resource and price rule: the case of sustainable fishing

M’hamed Gaîgi , Idris Kharroubi (1) , Thomas Lim (2)

1 CEREMADE - CEntre de REcherches en MAthématiques de la DEcision
2 ENSIIE - Ecole Nationale Supérieure d'Informatique pour l'Industrie et l'Entreprise

In this paper, we investigated the problem of sustainable fishing. We explained how the fisheries maximize their profit according to the quantity of fish available in the sea and under the constraint of fines when the quota is exceeded. We showed the strategy issued from the resolution of the expected profit maximization is still better than naive strategies. Moreover, we define a level of fines which insures the double objective of the sustainable fishing.

Domaines: Optimisation et contrôle [math.OC]

M’hamed Gaîgi, Idris Kharroubi, Thomas Lim. Management of a scare resource and price rule: the case of sustainable fishing . 2018. ⟨hal-01848385⟩