We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and … ecological uncertainty but they gain information (learn) about it. We then compare our learning model with the benchmark model of … full information, where players know the distribution of ecological uncertainty. We find that uncertainty due to …

We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non … anticipation of such an event has an ambiguous effect on extraction and the tragedy of the commons. A risk of a reduction in the … renewability induces the agents to extract less today while a risk of a deterioration in the quality has the opposite effect …

We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non … anticipation of such an event has an ambiguous effect on extraction and the tragedy of the commons. A risk of a reduction in the … renewability induces the agents to extract less today while a risk of a deterioration in the quality has the opposite effect …

We introduce learning in a dynamic game of international pollution, with ecological uncertainty. We characterize and … ecological uncertainty but they gain information (learn) about it. We then compare our learning model with the benchmark model of … full information, where players know the distribution of ecological uncertainty. We find that uncertainty due to …

We study the effect of environmental risk on the extraction of a common resource. Using a dynamic and non … commons. On the one hand, a risk of a reduction in the renewability induces the agents to extract less in the present. On the … other hand, a risk of a deterioration in the quality of the resource induces the agents to extract more in the present. We …

and the use of its natural resources. Since Long (1975), the conventional wisdom has been that ownership risk induces a … these mixed observations in a common-pool resource environment. We show that if ownership risk includes a risk of … decrease along with a higher risk of expropriation. The elasticity of demand for the resource is key in explaining the effect …

and the use of its natural resources. Since Long (1975), the conventional wisdom has been that ownership risk induces a … these mixed observations in a common-pool resource environment. We show that if ownership risk includes a risk of … decrease along with a higher risk of expropriation. The elasticity of demand for the resource is key in explaining the effect …