Small-scale Fisherman And Large Market:

The purpose of this study is to explore the market mechanism of fishing industry,and focuses on the welfare effects and bargaining power of the small-scale fishermen.The study uses the Cournot model by developing a linear demand and supply functions of fishing industry and estimate market conduct and price distortions.However,under the bargaining theory it provides a natural approach to understand how prices may emerge in market system and consequences of the direct interactions of few large buyers.Further study analyses Cournot Oligopsony in two different situations: a cooperation and non-cooperation and then calculates profits under the cost functions.In addition,study also follows empirical analyses as well and shows the market changes and its profitability.However,according to the model analyzation,it shows that when market is not controlled,the few large buyers choose to cooperate each other's rather than compete in price.Because in that way firm would keep maintain the market power and manipulate input prices they need.In this way which we explored from the Cournot game solution is that each firms MC < 0 under the cooperation.Resultantly which decreases welfare of small-scale fisherman.In such conditions fisherman has no influence on the market,either keeps supply at lower price or remain unemployment.Consequently which leads to lose in aggregate welfare in fishing industry.In addition,the empirical analyzation uses fishery data from 2001 to 2017(gathered from the Fisheries Department of Baluchistan)to show the profitability of supplier's and buyer's market(including Population,Total Quantity and Prices).In the figures no.1 & 2,I see that population increase in both sides,along with increases in prices,but the profitability is high only buyer market.However,in the Revenue Table of both markets represents that fish buyers have three times higher profit of those primary market.Finally,the study emphasize that the government needs to use “Antitrust Policy” or Public-Private-Partnership to control exploitation of fish buyers in proper channel and also take few measures to control “Tragedy of Commons” to low the risk of fish invulnerability.