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The aim of this note is about the formalization of the problem of open- access natural resourses by the prisonner's dilemma game. The extreme simplification of the metaphor between prisonner's dilemma and the "tragedy of the commons" leads to imagine only two strategies...
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This paper considers a model of oligopolistic competition and locational choice that incorporates the notion of regional industrial systems. Firms play a non cooperative game where the strategy set of firms is given by a set of existing industrial districts. Each firm is distinguished by its...
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Economic Theory 71 (1996), 44-74. This cost topology might represent geographical, social, or individual differences. It …
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This paper generalizes the results of Suijs, De Waegenaere and Borm (1998) to arbitrary risks. It provides Pareto optimal allocations and shows that the zero utility premium calculation principle yields a core-allocation.
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