Showing 1 - 10 of 104
Uncertainties as to future supply costs of nonrenewable natural resources, such as oil and gas, raise the issue of the choice of supply sources. In a perfectly deterministic world, an efficient use of multiple sources of supply requires that any given market exhausts the supply it can draw from...
Persistent link: https://www.econbiz.de/10005729716
We provide a survey of the literature on ranking sets of objects. The interpretations of those set ranking include those employed in the theory of choice under complete uncertianty, rankings of opportunity sets, set rankings that appear in matching theory, and the structure of assemly proferences.
Persistent link: https://www.econbiz.de/10005545637
We provide a survey of the literature on ranking sets of objects. The interpretations of those set rankings include those employed in the theory of choice under complete uncertainty, rankings of opportunity sets, set rankings that appear in matching theory, and the structure of assembly...
Persistent link: https://www.econbiz.de/10005545808
Uncertainties as to future supply costs of nonrenewable natural resources, such as oil and gas, raise the issue of the choice of supply sources. In a perfectly deterministic world, an efficient use of multiple sources of supply requires that any given market exhausts the supply it can draw from...
Persistent link: https://www.econbiz.de/10008617073
We followed field workers administering a household survey over a 12-week period and examined how their reciprocal behavior towards the employer responded to a sequence of exogenous wage increases and wage cuts. To disentangle the effects of reciprocal behavior from other explicit incentives...
Persistent link: https://www.econbiz.de/10009293555
We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non-cooperative game in which an environmental event impacts both the renewability (the future quantity) and the quality of the resource, we show that the anticipation of such an event has an...
Persistent link: https://www.econbiz.de/10008592377
We derive conditions that must be satisfied by the primitives of the problem in order for an equilibrium in linear Markov strategies to exist in some common property natural resource differential games. These conditions impose restrictions on the admissible form of the natural growth function,...
Persistent link: https://www.econbiz.de/10005133198
We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non-cooperative game in which an environmental event impacts the renewability and the quality of the resource, we show that the anticipation of such an event has an ambiguous effect on...
Persistent link: https://www.econbiz.de/10010587912
We study the impact of farsightedness in a transboundary pollution game; i.e. the ability of a country to forecast the relationship between current emissions and future levels of pollution and thus on future damages. We show that when all countries are farsighted their payos are larger than when...
Persistent link: https://www.econbiz.de/10010616507
Nous déterminons des conditions nécessaires à l’existence d’équilibres de Nash markoviens parfaits en stratégies linéaires dans des jeux différentiels modélisant l’exploitation d’une ressource naturelle en propriété commune. Nous montrons que l’existence de tels équilibres...
Persistent link: https://www.econbiz.de/10008671555