The purpose of this paper is to characterize the optimal time paths of production and water usage by an agricultural and an oil sector that have to share a limited water resource. We show that for any given water stock, if the oil stock is sufficiently large, it will become optimal to have a...

We consider a model with two energy sources, a non-renewable one, cheap but polluting, and a renewable one, expensive but clean, let’s say coal and solar. The aim of environmental policy is to maintain atmospheric carbon concentration under a given ceiling, chosen to prevent an excessive rise...

In this paper we consider the problem of compatibility between networks when the consumers of a network service value the capacity of the network itself rather than the number of users. Compatibility decisions are modelled as the outcome of a three stages game where strategies include...

The present issue of Annals of Economics and Statistics attests the vitality of the research in environmental and natural resource economics in France, after the special issues of Revue d’Économie Politique in 2008 and Économie et Prévision in 2009, to cite the more recent evidence only....