Herrmann, Markus; Gaudet, Gérard - In: Journal of Environmental Economics and Management 57 (2009) 3, pp. 334-350
We analyze the exploitation of an antibiotic in a market subject to open access on the part of antibiotic producers to the common pool of antibiotic efficacy. While the market equilibrium depends only on current levels of antibiotic efficacy and infection of the epidemiological system, the...