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The invasion by the spreading species is one of the most serious threats to biodiversity and ecosystem functioning. Despite a number of empirical and theoretical studies, there is still no general model about why or when settlement becomes invasion. The purpose of this work is to test a model of...
Persistent link: https://www.econbiz.de/10010766050
Field experiments with asymmetric commons dilemmas have shown that groups who are able to derive high social efficiency also had higher equity compared to groups who were not able to derive significant levels of social efficiency. These findings resemble the high productivity in long-lasting...
Persistent link: https://www.econbiz.de/10010597463
The invasion of native species by exotic species is one of the most serious threats to biodiversity and ecosystem functioning. Despite a number of empirical and theoretical studies, there is still no general model about why or when settlement becomes invasion. The purpose of this work is to test...
Persistent link: https://www.econbiz.de/10010547905
Purpose – The purpose of this paper is to address the issue of optimal management of ecosystems by developing a dynamic model of strategic behavior by users/communities of an ecosystem such as a lake, which is subject to pollution resulting from the users. More specifically, it builds a model...
Persistent link: https://www.econbiz.de/10005081140
Outcomes of the shallow lake interest conflict are presented in a number of different contexts: quasi-static and dynamic social planning, and quasi-static one-shot and repeated non-cooperative play. As the underlying dynamics are non-convex, the analysis uses geometrical-numerical methods: the...
Persistent link: https://www.econbiz.de/10005016269
This paper introduces a game-theoretical framework for The Problem of Sustainable Economic Development, axioms which help clarify the problem itself, and, reductio ad absurdum, falsify many widely-held economic, evolutionary, and ecological principles. This brief communiqué lays the foundation...
Persistent link: https://www.econbiz.de/10008550050
inefficient equilibria. Existing reputation-building models require either infinite time horizons or publicly observed identities …
Persistent link: https://www.econbiz.de/10005821490
We study an infinite-horizon economy with two basic frictions that are typical in monetary models. First, agents’ trading paths cross at most once due to pairwise trade and other meeting obstacles. Second, actions must be compatible with individual incentives due to commitment and enforcement...
Persistent link: https://www.econbiz.de/10005835336
Sannikov (2007) investigates properties of perfect public equilibria in continuous time repeated games. This note …
Persistent link: https://www.econbiz.de/10005835850
For any given set-valued solution concept, it is possible to consider iterative elimination of actions outside the solution set. This paper applies such a procedure to define the concept of iterated monotone potential maximizer (iterated MP-maximizer). It is shown that under some monotonicity...
Persistent link: https://www.econbiz.de/10005836420