Showing 1 - 10 of 10
In Barrett's (1994) paper on transboundary pollution abatement is shown that if the signatories of an international environmental agreement act in a Stackelberg fashion, then, depending on parameter values, a self-enforcing IEA can have any number of signatories between two and the grand...
Persistent link: https://www.econbiz.de/10005731276
This paper is a theoretical analysis in terms of water transport costs, water rates, rentsand social welfare of three criteria applicable to the planning of water transfer systemsbetween rivers. The studied criteria have been: costs minimization of water transportation, establishing of water...
Persistent link: https://www.econbiz.de/10005016410
A model of optimal economic growth with a constant population subject to a constraint on the availability of land is presented. It takes account of the dual character of land as a production factor and as a consumption good (environmental amenities) by determining the optimal intertemporal...
Persistent link: https://www.econbiz.de/10008550411
In this paper the long-run effects of demand and recharge uncertainty on the socially optimal management of groundwater reserves are studied. Demand uncertainty is modeled in a dynamic framework by letting the demand function shift randomly but continuously through time according to a random...
Persistent link: https://www.econbiz.de/10008550418
In this paper socially optimal and private exploitation of a common property aquifer are compared. Open-loop and feedback equilibria in nonlinear strategies have been computed to characterize the private solution. The use of these two equilibrium concepts aIlows us to distinguish between cost...
Persistent link: https://www.econbiz.de/10008550421
This paper extends Wirl and Dockner¿s (1995) model designed to analyze the long-term bilateral interdependence between a resource exporting cartel and a coalition of resource importing country governments. Firstly, depletion effects are introduced into the analysis of the intertemporal...
Persistent link: https://www.econbiz.de/10005212532
In this paper the optimal policy and the stability of a tariff agreement among the importers of a monopolized good that is sold in an integrated market are studied. To analyze the stability, the tariff agreement formation is modelled as a two-stage game. In the first stage each importer decides...
Persistent link: https://www.econbiz.de/10005212551
In this paper the scope of the applicability of the Stackelberg equilibrium concept in differential games is investigated. Firstly, it is showed that for a class of differential games with state-interdependence the stationary feedback Nash equilibrium coincides with the stationary feedback...
Persistent link: https://www.econbiz.de/10005731301
In this paper we model the case of an international non-renewable resource monopolist as a differential game between the monopolist and the governments of the importing countries, and we investigate whether a tariff on the resource importations can be advantageous for the importing countries. We...
Persistent link: https://www.econbiz.de/10005731444
In this paper the profitability and stability of an International Environmental Agreement among N identical countries that emit a pollutant are studied using a standard quadratic net benefit function. The static analysis shows that only a bilateral agreement could be self-enforcing independently...
Persistent link: https://www.econbiz.de/10005515931